MV Capital Management Inc. Grows Stock Position in iShares Convertible Bond ETF (BATS:ICVT)

MV Capital Management Inc. grew its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT) by 9,969.0% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 41,887 shares of the company’s stock after purchasing an additional 41,471 shares during the quarter. iShares Convertible Bond ETF makes up approximately 0.8% of MV Capital Management Inc.’s holdings, making the stock its 26th biggest position. MV Capital Management Inc.’s holdings in iShares Convertible Bond ETF were worth $4,114,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BW Gestao de Investimentos Ltda. increased its position in shares of iShares Convertible Bond ETF by 15.7% during the 1st quarter. BW Gestao de Investimentos Ltda. now owns 1,330,000 shares of the company’s stock valued at $146,348,000 after purchasing an additional 180,000 shares during the last quarter. Elevated Capital Advisors LLC purchased a new stake in shares of iShares Convertible Bond ETF during the 1st quarter valued at about $1,952,000. Cardan Capital Partners LLC increased its position in shares of iShares Convertible Bond ETF by 105.0% during the 1st quarter. Cardan Capital Partners LLC now owns 119,038 shares of the company’s stock valued at $11,692,000 after purchasing an additional 60,978 shares during the last quarter. Stewardship Advisors LLC increased its position in shares of iShares Convertible Bond ETF by 2.0% during the 1st quarter. Stewardship Advisors LLC now owns 74,724 shares of the company’s stock valued at $7,339,000 after purchasing an additional 1,437 shares during the last quarter. Finally, Baldrige Asset Management LLC increased its position in shares of iShares Convertible Bond ETF by 10.6% during the 1st quarter. Baldrige Asset Management LLC now owns 18,367 shares of the company’s stock valued at $1,804,000 after purchasing an additional 1,764 shares during the last quarter.

iShares Convertible Bond ETF stock traded up $0.66 during midday trading on Friday, hitting $99.82. The stock had a trading volume of 134,860 shares. The stock has a fifty day moving average of $98.76. iShares Convertible Bond ETF has a 52-week low of $50.43 and a 52-week high of $58.18.

Read More: Does the Step Transaction Doctrine Affect a Backdoor Roth IRA?

Institutional Ownership by Quarter for iShares Convertible Bond ETF (BATS:ICVT)

Receive News & Ratings for iShares Convertible Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Convertible Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.