AE Wealth Management LLC decreased its position in iShares Convertible Bond ETF (BATS:ICVT – Free Report) by 70.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,608 shares of the company’s stock after selling 34,297 shares during the quarter. AE Wealth Management LLC owned approximately 0.05% of iShares Convertible Bond ETF worth $1,462,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in the company. Steigerwald Gordon & Koch Inc. bought a new position in shares of iShares Convertible Bond ETF in the 3rd quarter worth approximately $26,000. Sound Income Strategies LLC grew its position in iShares Convertible Bond ETF by 585.4% during the third quarter. Sound Income Strategies LLC now owns 281 shares of the company’s stock valued at $29,000 after buying an additional 240 shares during the period. Private Wealth Asset Management LLC purchased a new stake in iShares Convertible Bond ETF during the second quarter valued at approximately $48,000. Ashton Thomas Securities LLC bought a new position in iShares Convertible Bond ETF in the third quarter worth approximately $62,000. Finally, Hantz Financial Services Inc. bought a new position in iShares Convertible Bond ETF in the second quarter worth approximately $84,000.
iShares Convertible Bond ETF Price Performance
Shares of ICVT stock opened at $103.92 on Tuesday. iShares Convertible Bond ETF has a 1 year low of $75.97 and a 1 year high of $93.29. The firm has a fifty day moving average price of $101.00 and a 200-day moving average price of $98.72.
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. ICVT was launched on Jun 2, 2015 and is managed by BlackRock.
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