Sharkey Howes & Javer Sells 1,153 Shares of iShares Convertible Bond ETF $ICVT

Sharkey Howes & Javer lowered its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 18.6% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 5,048 shares of the company’s stock after selling 1,153 shares during the quarter. Sharkey Howes & Javer’s holdings in iShares Convertible Bond ETF were worth $455,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Capital Analysts LLC grew its stake in shares of iShares Convertible Bond ETF by 3.0% in the first quarter. Capital Analysts LLC now owns 4,407 shares of the company’s stock worth $369,000 after purchasing an additional 129 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of iShares Convertible Bond ETF by 1.2% during the first quarter. Farther Finance Advisors LLC now owns 10,849 shares of the company’s stock valued at $908,000 after buying an additional 130 shares during the period. Barnes Wealth Management Group Inc increased its stake in shares of iShares Convertible Bond ETF by 4.3% during the first quarter. Barnes Wealth Management Group Inc now owns 3,283 shares of the company’s stock valued at $274,000 after buying an additional 134 shares during the period. Capital Wealth Management LLC raised its holdings in shares of iShares Convertible Bond ETF by 0.4% during the first quarter. Capital Wealth Management LLC now owns 37,677 shares of the company’s stock valued at $3,150,000 after acquiring an additional 147 shares in the last quarter. Finally, Csenge Advisory Group lifted its stake in iShares Convertible Bond ETF by 4.3% in the first quarter. Csenge Advisory Group now owns 3,593 shares of the company’s stock worth $293,000 after acquiring an additional 148 shares during the period.

iShares Convertible Bond ETF Price Performance

Shares of iShares Convertible Bond ETF stock opened at $98.31 on Thursday. iShares Convertible Bond ETF has a 12-month low of $75.97 and a 12-month high of $93.29. The company’s fifty day simple moving average is $93.50 and its two-hundred day simple moving average is $88.40.

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.