iShares Convertible Bond ETF $ICVT Shares Sold by Triad Wealth Partners LLC

Triad Wealth Partners LLC trimmed its position in iShares Convertible Bond ETF (BATS:ICVT) by 83.6% in the third quarter, Holdings Channel reports. The firm owned 2,300 shares of the company’s stock after selling 11,765 shares during the quarter. Triad Wealth Partners LLC’s holdings in iShares Convertible Bond ETF were worth $230,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of ICVT. New York Life Investment Management LLC grew its position in shares of iShares Convertible Bond ETF by 3.7% in the 2nd quarter. New York Life Investment Management LLC now owns 456,391 shares of the company’s stock worth $41,121,000 after acquiring an additional 16,440 shares in the last quarter. Greenleaf Trust boosted its holdings in iShares Convertible Bond ETF by 0.5% in the third quarter. Greenleaf Trust now owns 447,550 shares of the company’s stock worth $44,777,000 after purchasing an additional 2,270 shares during the period. Baker Avenue Asset Management LP raised its holdings in shares of iShares Convertible Bond ETF by 0.3% during the second quarter. Baker Avenue Asset Management LP now owns 316,779 shares of the company’s stock worth $28,542,000 after purchasing an additional 802 shares during the period. Ocean Park Asset Management LLC bought a new position in shares of iShares Convertible Bond ETF in the 3rd quarter worth about $22,001,000. Finally, Osaic Holdings Inc. lifted its position in shares of iShares Convertible Bond ETF by 1.6% in the 2nd quarter. Osaic Holdings Inc. now owns 208,641 shares of the company’s stock worth $18,729,000 after buying an additional 3,330 shares during the last quarter.

iShares Convertible Bond ETF Stock Up 21.9%

Shares of BATS:ICVT opened at $103.79 on Friday. iShares Convertible Bond ETF has a fifty-two week low of $75.97 and a fifty-two week high of $93.29. The firm has a 50-day simple moving average of $100.11 and a 200 day simple moving average of $98.07.

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.