Perissos Private Wealth Management LLC Sells 1,967 Shares of iShares Convertible Bond ETF $ICVT

Perissos Private Wealth Management LLC trimmed its position in iShares Convertible Bond ETF (BATS:ICVT) by 11.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,755 shares of the company’s stock after selling 1,967 shares during the quarter. Perissos Private Wealth Management LLC’s holdings in iShares Convertible Bond ETF were worth $1,420,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Bank of New York Mellon Corp increased its stake in iShares Convertible Bond ETF by 5.2% in the first quarter. Bank of New York Mellon Corp now owns 68,877 shares of the company’s stock valued at $5,759,000 after acquiring an additional 3,381 shares during the last quarter. Independent Wealth Network Inc. grew its stake in shares of iShares Convertible Bond ETF by 5.9% during the second quarter. Independent Wealth Network Inc. now owns 7,182 shares of the company’s stock worth $647,000 after buying an additional 397 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of iShares Convertible Bond ETF by 8.1% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 67,499 shares of the company’s stock worth $5,644,000 after purchasing an additional 5,050 shares during the period. Deutsche Bank AG acquired a new position in shares of iShares Convertible Bond ETF during the first quarter worth $20,735,000. Finally, McAdam LLC lifted its holdings in shares of iShares Convertible Bond ETF by 10.6% during the second quarter. McAdam LLC now owns 4,462 shares of the company’s stock worth $402,000 after purchasing an additional 427 shares during the period.

iShares Convertible Bond ETF Trading Up 20.6%

Shares of BATS:ICVT opened at $102.68 on Friday. The firm’s fifty day moving average is $98.28 and its 200-day moving average is $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.