Triad Wealth Partners LLC Has $1.27 Million Holdings in iShares Convertible Bond ETF $ICVT

Triad Wealth Partners LLC lessened its stake in iShares Convertible Bond ETF (BATS:ICVT) by 22.4% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 14,065 shares of the company’s stock after selling 4,052 shares during the quarter. Triad Wealth Partners LLC’s holdings in iShares Convertible Bond ETF were worth $1,267,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Brueske Advisory Services LLC acquired a new stake in shares of iShares Convertible Bond ETF in the 2nd quarter valued at approximately $207,000. Greenleaf Trust lifted its holdings in iShares Convertible Bond ETF by 0.5% during the 2nd quarter. Greenleaf Trust now owns 445,280 shares of the company’s stock valued at $40,120,000 after purchasing an additional 2,151 shares during the last quarter. Independent Wealth Network Inc. lifted its holdings in iShares Convertible Bond ETF by 5.9% during the 2nd quarter. Independent Wealth Network Inc. now owns 7,182 shares of the company’s stock valued at $647,000 after purchasing an additional 397 shares during the last quarter. Centerline Wealth Advisors LLC lifted its holdings in iShares Convertible Bond ETF by 0.4% during the 2nd quarter. Centerline Wealth Advisors LLC now owns 64,051 shares of the company’s stock valued at $5,771,000 after purchasing an additional 243 shares during the last quarter. Finally, McAdam LLC lifted its holdings in iShares Convertible Bond ETF by 10.6% during the 2nd quarter. McAdam LLC now owns 4,462 shares of the company’s stock valued at $402,000 after purchasing an additional 427 shares during the last quarter.

iShares Convertible Bond ETF Stock Up 19.4%

Shares of iShares Convertible Bond ETF stock opened at $101.64 on Friday. The business has a fifty day simple moving average of $95.19 and a two-hundred day simple moving average of $89.53. iShares Convertible Bond ETF has a 1 year low of $75.97 and a 1 year 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.