iShares Convertible Bond ETF $ICVT Position Lifted by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. grew its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 118.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 10,089 shares of the company’s stock after purchasing an additional 5,460 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in iShares Convertible Bond ETF were worth $994,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Lane Brothers & Co. Inc. acquired a new stake in shares of iShares Convertible Bond ETF in the 4th quarter valued at about $523,000. World Investment Advisors bought a new position in shares of iShares Convertible Bond ETF during the fourth quarter worth about $414,000. Barnes Wealth Management Group Inc lifted its position in shares of iShares Convertible Bond ETF by 6.2% during the fourth quarter. Barnes Wealth Management Group Inc now owns 2,865 shares of the company’s stock worth $282,000 after purchasing an additional 168 shares during the last quarter. High Falls Advisors Inc grew its stake in iShares Convertible Bond ETF by 34.2% in the fourth quarter. High Falls Advisors Inc now owns 5,751 shares of the company’s stock worth $566,000 after purchasing an additional 1,465 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV grew its stake in iShares Convertible Bond ETF by 153.5% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 86,185 shares of the company’s stock worth $8,489,000 after purchasing an additional 52,189 shares in the last quarter.

iShares Convertible Bond ETF Price Performance

Shares of iShares Convertible Bond ETF stock opened at $117.43 on Friday. The business has a 50-day moving average price of $118.47 and a 200 day moving average price of $108.78. iShares Convertible Bond ETF has a fifty-two week low of $89.82 and a fifty-two week high of $126.56.

About iShares Convertible Bond ETF

The iShares Convertible Bond ETF (ICVT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of USD-denominated convertible bonds weighted by market value. The index contains only cash-pay convertibles and excludes mandatory and preferred convertibles. ICVT was launched on Jun 2, 2015 and is managed by BlackRock.