SigFig Wealth Management LLC lessened its stake in shares of iShares Convertible Bond ETF (BATS:ICVT – Free Report) by 42.8% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,751 shares of the company’s stock after selling 3,558 shares during the period. SigFig Wealth Management LLC’s holdings in iShares Convertible Bond ETF were worth $426,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also made changes to their positions in ICVT. Goldman Sachs Group Inc. boosted its holdings in shares of iShares Convertible Bond ETF by 36.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,252,000 shares of the company’s stock valued at $104,680,000 after purchasing an additional 334,100 shares during the last quarter. Deutsche Bank AG bought a new position in shares of iShares Convertible Bond ETF during the 1st quarter valued at about $20,735,000. BlueStem Wealth Partners LLC boosted its holdings in shares of iShares Convertible Bond ETF by 507.2% during the 1st quarter. BlueStem Wealth Partners LLC now owns 198,516 shares of the company’s stock valued at $16,598,000 after purchasing an additional 165,825 shares during the last quarter. Insight Wealth Strategies LLC boosted its holdings in shares of iShares Convertible Bond ETF by 90.4% during the 2nd quarter. Insight Wealth Strategies LLC now owns 245,103 shares of the company’s stock valued at $21,885,000 after purchasing an additional 116,343 shares during the last quarter. Finally, Advance Capital Management Inc. bought a new position in shares of iShares Convertible Bond ETF during the 2nd quarter valued at about $9,830,000.
iShares Convertible Bond ETF Price Performance
ICVT opened at $100.10 on Wednesday. The firm has a 50-day simple moving average of $94.86 and a two-hundred day simple moving average of $89.34. iShares Convertible Bond ETF has a 52 week low of $75.97 and a 52 week high of $93.29.
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.
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