Atlatl Advisers LLC Sells 2,597 Shares of iShares Convertible Bond ETF $ICVT

Atlatl Advisers LLC lessened its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 31.4% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 5,681 shares of the company’s stock after selling 2,597 shares during the period. Atlatl Advisers LLC’s holdings in iShares Convertible Bond ETF were worth $512,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Bank of New York Mellon Corp increased its stake in iShares Convertible Bond ETF by 5.2% in the 1st quarter. Bank of New York Mellon Corp now owns 68,877 shares of the company’s stock worth $5,759,000 after buying an additional 3,381 shares in the last quarter. Independent Wealth Network Inc. increased its stake in iShares Convertible Bond ETF by 5.9% in the 2nd quarter. Independent Wealth Network Inc. now owns 7,182 shares of the company’s stock worth $647,000 after buying an additional 397 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in iShares Convertible Bond ETF by 8.1% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 67,499 shares of the company’s stock worth $5,644,000 after buying an additional 5,050 shares in the last quarter. Deutsche Bank AG purchased a new stake in iShares Convertible Bond ETF in the 1st quarter worth $20,735,000. Finally, McAdam LLC increased its stake in iShares Convertible Bond ETF by 10.6% in the 2nd quarter. McAdam LLC now owns 4,462 shares of the company’s stock worth $402,000 after buying an additional 427 shares in the last quarter.

iShares Convertible Bond ETF Trading Up 20.6%

Shares of ICVT stock opened at $102.68 on Friday. The stock has a fifty day simple moving average of $98.28 and a two-hundred day simple moving average of $91.68. iShares Convertible Bond ETF has a 52-week low of $75.97 and a 52-week high of $93.29.

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.