Overbrook Management Corp reduced its stake in iShares Convertible Bond ETF (BATS:ICVT – Free Report) by 19.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,371 shares of the company’s stock after selling 5,653 shares during the period. Overbrook Management Corp owned 0.10% of iShares Convertible Bond ETF worth $1,986,000 as of its most recent SEC filing.
Other institutional investors also recently made changes to their positions in the company. EverSource Wealth Advisors LLC increased its stake in shares of iShares Convertible Bond ETF by 210.6% in the second quarter. EverSource Wealth Advisors LLC now owns 323 shares of the company’s stock valued at $26,000 after purchasing an additional 219 shares during the period. PSI Advisors LLC bought a new position in iShares Convertible Bond ETF in the 4th quarter worth approximately $29,000. LGT Financial Advisors LLC grew its holdings in iShares Convertible Bond ETF by 45.3% in the 3rd quarter. LGT Financial Advisors LLC now owns 526 shares of the company’s stock worth $44,000 after buying an additional 164 shares in the last quarter. Mattson Financial Services LLC acquired a new stake in iShares Convertible Bond ETF in the 2nd quarter valued at approximately $61,000. Finally, Brown Financial Advisors bought a new stake in iShares Convertible Bond ETF during the 2nd quarter valued at $95,000.
iShares Convertible Bond ETF Price Performance
BATS:ICVT opened at $87.01 on Monday. iShares Convertible Bond ETF has a 1 year low of $50.43 and a 1 year high of $58.18. The business has a fifty day moving average of $87.09 and a 200-day moving average of $83.52.
iShares Convertible Bond ETF Company Profile
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.
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