ShoreHaven Wealth Partners LLC lowered its position in iShares Convertible Bond ETF (BATS:ICVT – Free Report) by 37.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,742 shares of the company’s stock after selling 1,649 shares during the quarter. ShoreHaven Wealth Partners LLC’s holdings in iShares Convertible Bond ETF were worth $247,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sowell Financial Services LLC acquired a new stake in shares of iShares Convertible Bond ETF during the first quarter valued at about $271,000. Blue Trust Inc. boosted its holdings in iShares Convertible Bond ETF by 2.2% in the first quarter. Blue Trust Inc. now owns 11,639 shares of the company’s stock valued at $973,000 after purchasing an additional 254 shares during the last quarter. Osborne Partners Capital Management LLC grew its stake in iShares Convertible Bond ETF by 5.1% during the 1st quarter. Osborne Partners Capital Management LLC now owns 155,237 shares of the company’s stock valued at $12,979,000 after purchasing an additional 7,522 shares in the last quarter. Spectrum Planning & Advisory Services Inc. purchased a new stake in iShares Convertible Bond ETF during the 1st quarter worth approximately $363,000. Finally, Cobblestone Asset Management LLC increased its holdings in iShares Convertible Bond ETF by 49.1% during the 1st quarter. Cobblestone Asset Management LLC now owns 4,186 shares of the company’s stock worth $350,000 after purchasing an additional 1,378 shares during the last quarter.
iShares Convertible Bond ETF Trading Up 19.7%
iShares Convertible Bond ETF stock opened at $101.86 on Friday. iShares Convertible Bond ETF has a 52 week low of $75.97 and a 52 week high of $93.29. The stock has a 50 day moving average of $97.37 and a 200-day moving average of $90.78.
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.
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