41,965 iShares Convertible Bond ETF $ICVT Shares Purchased by Trek Financial LLC

Trek Financial LLC grew its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 857.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 46,861 shares of the company’s stock after purchasing an additional 41,965 shares during the quarter. Trek Financial LLC’s holdings in iShares Convertible Bond ETF were worth $5,292,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ICVT. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of iShares Convertible Bond ETF in the third quarter valued at about $2,823,000. Vise Technologies Inc. raised its position in shares of iShares Convertible Bond ETF by 406.6% in the 3rd quarter. Vise Technologies Inc. now owns 51,235 shares of the company’s stock valued at $5,786,000 after buying an additional 41,122 shares in the last quarter. Modera Wealth Management LLC acquired a new stake in shares of iShares Convertible Bond ETF during the 3rd quarter worth approximately $538,000. D.A. Davidson & CO. acquired a new position in iShares Convertible Bond ETF during the third quarter valued at approximately $2,168,000. Finally, Capital Wealth Management LLC lifted its stake in iShares Convertible Bond ETF by 4.8% during the third quarter. Capital Wealth Management LLC now owns 55,063 shares of the company’s stock worth $6,218,000 after purchasing an additional 2,507 shares during the last quarter.

iShares Convertible Bond ETF Stock Performance

Shares of ICVT stock opened at $105.17 on Monday. The business has a fifty day simple moving average of $111.70 and a 200 day simple moving average of $111.58. iShares Convertible Bond ETF has a twelve month low of $94.41 and a twelve month high of $126.56.

iShares Convertible Bond ETF Profile

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.