Capital Analysts LLC Buys 129 Shares of iShares Convertible Bond ETF $ICVT

Capital Analysts LLC grew its stake in iShares Convertible Bond ETF (BATS:ICVT) by 3.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,407 shares of the company’s stock after acquiring an additional 129 shares during the period. Capital Analysts LLC’s holdings in iShares Convertible Bond ETF were worth $369,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of ICVT. Deutsche Bank AG bought a new position in shares of iShares Convertible Bond ETF in the first quarter worth about $20,735,000. BlueStem Wealth Partners LLC raised its stake in shares of iShares Convertible Bond ETF by 507.2% in the first quarter. BlueStem Wealth Partners LLC now owns 198,516 shares of the company’s stock worth $16,598,000 after acquiring an additional 165,825 shares during the last quarter. Bank of America Corp DE raised its stake in shares of iShares Convertible Bond ETF by 5.9% in the fourth quarter. Bank of America Corp DE now owns 2,454,117 shares of the company’s stock worth $208,526,000 after acquiring an additional 136,263 shares during the last quarter. Jane Street Group LLC bought a new position in shares of iShares Convertible Bond ETF in the fourth quarter worth about $8,702,000. Finally, Ameriprise Financial Inc. raised its stake in shares of iShares Convertible Bond ETF by 81.3% in the fourth quarter. Ameriprise Financial Inc. now owns 187,134 shares of the company’s stock worth $15,897,000 after acquiring an additional 83,891 shares during the last quarter.

iShares Convertible Bond ETF Stock Up 10.2%

Shares of BATS ICVT opened at $93.7750 on Friday. iShares Convertible Bond ETF has a 1-year low of $75.97 and a 1-year high of $93.29. The company has a 50-day moving average of $91.25 and a two-hundred day moving average of $87.43.

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.