Tidal Investments LLC Has $1.76 Million Position in iShares Convertible Bond ETF (BATS:ICVT)

Tidal Investments LLC lowered its stake in iShares Convertible Bond ETF (BATS:ICVT) by 11.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,118 shares of the company’s stock after selling 2,802 shares during the period. Tidal Investments LLC’s holdings in iShares Convertible Bond ETF were worth $1,764,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of ICVT. Sanctuary Advisors LLC grew its holdings in iShares Convertible Bond ETF by 9.4% during the 3rd quarter. Sanctuary Advisors LLC now owns 61,751 shares of the company’s stock worth $5,469,000 after acquiring an additional 5,320 shares during the period. High Falls Advisors Inc grew its holdings in iShares Convertible Bond ETF by 7.7% during the 3rd quarter. High Falls Advisors Inc now owns 4,211 shares of the company’s stock worth $352,000 after acquiring an additional 301 shares during the period. EWA LLC grew its holdings in iShares Convertible Bond ETF by 51.4% during the 3rd quarter. EWA LLC now owns 6,279 shares of the company’s stock worth $542,000 after acquiring an additional 2,131 shares during the period. MML Investors Services LLC grew its holdings in iShares Convertible Bond ETF by 0.3% during the 3rd quarter. MML Investors Services LLC now owns 105,378 shares of the company’s stock worth $8,817,000 after acquiring an additional 320 shares during the period. Finally, IHT Wealth Management LLC grew its holdings in iShares Convertible Bond ETF by 245.3% during the 3rd quarter. IHT Wealth Management LLC now owns 56,718 shares of the company’s stock worth $4,746,000 after acquiring an additional 40,291 shares during the period.

iShares Convertible Bond ETF Stock Down 0.5 %

ICVT opened at $88.05 on Wednesday. The company has a fifty day moving average price of $86.38 and a two-hundred day moving average price of $82.23. iShares Convertible Bond ETF has a 52 week low of $50.43 and a 52 week high of $58.18.

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.