iShares Convertible Bond ETF $ICVT Shares Bought by Global Financial Private Client LLC

Global Financial Private Client LLC grew its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT) by 1.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 11,566 shares of the company’s stock after purchasing an additional 155 shares during the period. Global Financial Private Client LLC’s holdings in iShares Convertible Bond ETF were worth $1,042,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sowell Financial Services LLC bought a new position in iShares Convertible Bond ETF in the 1st quarter valued at about $271,000. Bank of New York Mellon Corp lifted its stake in shares of iShares Convertible Bond ETF by 5.2% in the 1st quarter. Bank of New York Mellon Corp now owns 68,877 shares of the company’s stock worth $5,759,000 after acquiring an additional 3,381 shares during the period. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of iShares Convertible Bond ETF by 8.1% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 67,499 shares of the company’s stock valued at $5,644,000 after acquiring an additional 5,050 shares in the last quarter. Deutsche Bank AG bought a new position in shares of iShares Convertible Bond ETF in the first quarter valued at approximately $20,735,000. Finally, Goldman Sachs Group Inc. increased its stake in shares of iShares Convertible Bond ETF by 36.4% during the first quarter. Goldman Sachs Group Inc. now owns 1,252,000 shares of the company’s stock valued at $104,680,000 after acquiring an additional 334,100 shares during the period.

iShares Convertible Bond ETF Price Performance

Shares of BATS:ICVT opened at $99.31 on Friday. iShares Convertible Bond ETF has a 12 month low of $75.97 and a 12 month high of $93.29. The stock’s 50 day moving average price is $93.67 and its 200 day moving average price is $88.47.

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.