iShares Convertible Bond ETF $ICVT Position Lowered by Spectrum Planning & Advisory Services Inc.

Spectrum Planning & Advisory Services Inc. cut its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 20.2% during the third quarter, HoldingsChannel.com reports. The firm owned 20,393 shares of the company’s stock after selling 5,168 shares during the period. Spectrum Planning & Advisory Services Inc.’s holdings in iShares Convertible Bond ETF were worth $2,303,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Quartz Partners LLC lifted its position in iShares Convertible Bond ETF by 0.6% in the 1st quarter. Quartz Partners LLC now owns 20,502 shares of the company’s stock worth $2,087,000 after buying an additional 120 shares in the last quarter. Security Financial Services INC. grew its holdings in shares of iShares Convertible Bond ETF by 2.3% during the 1st quarter. Security Financial Services INC. now owns 5,470 shares of the company’s stock valued at $557,000 after acquiring an additional 123 shares in the last quarter. Range Financial Group LLC increased its stake in shares of iShares Convertible Bond ETF by 2.7% in the third quarter. Range Financial Group LLC now owns 6,080 shares of the company’s stock worth $687,000 after acquiring an additional 161 shares during the last quarter. Capital Wealth Management LLC increased its stake in shares of iShares Convertible Bond ETF by 0.3% in the second quarter. Capital Wealth Management LLC now owns 52,556 shares of the company’s stock worth $6,398,000 after acquiring an additional 165 shares during the last quarter. Finally, Gen Wealth Partners Inc increased its stake in shares of iShares Convertible Bond ETF by 65.6% in the third quarter. Gen Wealth Partners Inc now owns 447 shares of the company’s stock worth $51,000 after acquiring an additional 177 shares during the last quarter.

iShares Convertible Bond ETF Trading Up 1.7%

Shares of BATS:ICVT opened at $104.31 on Thursday. iShares Convertible Bond ETF has a 1 year low of $94.41 and a 1 year high of $126.56. The business has a fifty day simple moving average of $109.82 and a 200 day simple moving average of $111.57.

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.