63,082 Shares in iShares Convertible Bond ETF $ICVT Acquired by Hershey Financial Advisers LLC

Hershey Financial Advisers LLC acquired a new stake in iShares Convertible Bond ETF (BATS:ICVT) in the first quarter, according to its most recent filing with the SEC. The fund acquired 63,082 shares of the company’s stock, valued at approximately $6,421,000. iShares Convertible Bond ETF makes up 5.5% of Hershey Financial Advisers LLC’s holdings, making the stock its largest holding. Hershey Financial Advisers LLC owned approximately 0.23% of iShares Convertible Bond ETF as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of America Corp DE lifted its position in shares of iShares Convertible Bond ETF by 3.2% during the third quarter. Bank of America Corp DE now owns 2,647,316 shares of the company’s stock worth $264,864,000 after acquiring an additional 82,318 shares in the last quarter. LPL Financial LLC grew its position in shares of iShares Convertible Bond ETF by 20.2% in the fourth quarter. LPL Financial LLC now owns 1,035,083 shares of the company’s stock valued at $101,956,000 after purchasing an additional 174,077 shares in the last quarter. AMG National Trust Bank grew its position in shares of iShares Convertible Bond ETF by 7.4% in the first quarter. AMG National Trust Bank now owns 565,061 shares of the company’s stock valued at $57,518,000 after purchasing an additional 39,016 shares in the last quarter. Greenleaf Trust grew its position in shares of iShares Convertible Bond ETF by 0.8% in the fourth quarter. Greenleaf Trust now owns 451,146 shares of the company’s stock valued at $44,438,000 after purchasing an additional 3,596 shares in the last quarter. Finally, Ocean Park Asset Management LLC bought a new stake in shares of iShares Convertible Bond ETF during the 1st quarter valued at $42,772,000.

iShares Convertible Bond ETF Price Performance

Shares of ICVT opened at $113.74 on Friday. The stock’s 50-day simple moving average is $119.11 and its 200 day simple moving average is $110.06. iShares Convertible Bond ETF has a 52-week low of $90.77 and a 52-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.