Ehrlich Financial Group Increases Stock Position in iShares Convertible Bond ETF (BATS:ICVT)

Ehrlich Financial Group increased its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 22.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,521 shares of the company’s stock after acquiring an additional 636 shares during the quarter. Ehrlich Financial Group’s holdings in iShares Convertible Bond ETF were worth $299,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Envestnet Asset Management Inc. boosted its stake in shares of iShares Convertible Bond ETF by 14.5% in the second quarter. Envestnet Asset Management Inc. now owns 1,094,735 shares of the company’s stock valued at $86,079,000 after buying an additional 138,493 shares in the last quarter. Susquehanna International Group LLP acquired a new stake in shares of iShares Convertible Bond ETF in the second quarter valued at about $80,458,000. 1832 Asset Management L.P. grew its position in iShares Convertible Bond ETF by 162.9% during the second quarter. 1832 Asset Management L.P. now owns 729,587 shares of the company’s stock worth $57,367,000 after buying an additional 452,039 shares during the period. LPL Financial LLC increased its holdings in iShares Convertible Bond ETF by 8.4% in the second quarter. LPL Financial LLC now owns 503,155 shares of the company’s stock valued at $39,563,000 after buying an additional 38,791 shares in the last quarter. Finally, Advisory Alpha LLC lifted its position in shares of iShares Convertible Bond ETF by 1.9% during the 2nd quarter. Advisory Alpha LLC now owns 428,286 shares of the company’s stock valued at $33,682,000 after acquiring an additional 7,855 shares during the period.

iShares Convertible Bond ETF Stock Performance

Shares of ICVT traded down $0.68 on Monday, reaching $84.90. The stock had a trading volume of 280,670 shares. iShares Convertible Bond ETF has a twelve month low of $50.43 and a twelve month high of $58.18. The firm has a 50-day moving average of $87.06 and a 200 day moving average of $83.28.

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.