iShares Convertible Bond ETF $ICVT Shares Bought by Pettinga Financial Advisors LLC

Pettinga Financial Advisors LLC boosted its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 4.7% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 6,166 shares of the company’s stock after acquiring an additional 276 shares during the quarter. Pettinga Financial Advisors LLC’s holdings in iShares Convertible Bond ETF were worth $556,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ICVT. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Convertible Bond ETF by 3.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,523,827 shares of the company’s stock valued at $127,407,000 after buying an additional 54,513 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of iShares Convertible Bond ETF by 36.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,252,000 shares of the company’s stock valued at $104,680,000 after buying an additional 334,100 shares during the period. LPL Financial LLC lifted its holdings in shares of iShares Convertible Bond ETF by 0.3% in the 1st quarter. LPL Financial LLC now owns 948,047 shares of the company’s stock valued at $79,266,000 after buying an additional 2,707 shares during the period. AMG National Trust Bank lifted its holdings in shares of iShares Convertible Bond ETF by 1.9% in the 1st quarter. AMG National Trust Bank now owns 488,995 shares of the company’s stock valued at $40,885,000 after buying an additional 9,173 shares during the period. Finally, Greenleaf Trust lifted its holdings in shares of iShares Convertible Bond ETF by 0.5% in the 2nd quarter. Greenleaf Trust now owns 445,280 shares of the company’s stock valued at $40,120,000 after buying an additional 2,151 shares during the period.

iShares Convertible Bond ETF Stock Up 21.5%

BATS ICVT opened at $103.42 on Thursday. iShares Convertible Bond ETF has a twelve month low of $75.97 and a twelve month high of $93.29. The stock has a 50-day moving average of $96.97 and a 200 day moving average of $90.62.

iShares Convertible Bond ETF Company 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.