iShares Convertible Bond ETF $ICVT Shares Sold by Keystone Financial Services

Keystone Financial Services reduced its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 45.2% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,322 shares of the company’s stock after selling 2,738 shares during the quarter. Keystone Financial Services’ holdings in iShares Convertible Bond ETF were worth $299,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of ICVT. Wealth Preservation Advisors LLC bought a new position in iShares Convertible Bond ETF during the first quarter valued at about $29,000. Cape Investment Advisory Inc. lifted its holdings in iShares Convertible Bond ETF by 171.0% in the 1st quarter. Cape Investment Advisory Inc. now owns 355 shares of the company’s stock valued at $30,000 after acquiring an additional 224 shares during the last quarter. Anderson Financial Strategies LLC acquired a new stake in iShares Convertible Bond ETF in the 1st quarter valued at about $39,000. Private Wealth Asset Management LLC bought a new position in shares of iShares Convertible Bond ETF during the 2nd quarter valued at about $48,000. Finally, Vermillion & White Wealth Management Group LLC grew its stake in shares of iShares Convertible Bond ETF by 537.6% in the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 746 shares of the company’s stock worth $62,000 after purchasing an additional 629 shares during the last quarter.

iShares Convertible Bond ETF Price Performance

ICVT stock opened at $101.67 on Friday. iShares Convertible Bond ETF has a 12 month low of $75.97 and a 12 month high of $93.29. The firm has a 50 day simple moving average of $100.13 and a 200 day simple moving average of $93.16.

iShares Convertible Bond ETF 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.