Copperleaf Capital LLC Boosts Stake in iShares Convertible Bond ETF $ICVT

Copperleaf Capital LLC grew its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 6.5% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 8,776 shares of the company’s stock after buying an additional 536 shares during the period. Copperleaf Capital LLC’s holdings in iShares Convertible Bond ETF were worth $791,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Goldman Sachs Group Inc. raised its holdings in 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. Deutsche Bank AG acquired a new stake in shares of iShares Convertible Bond ETF during the first quarter valued at about $20,735,000. BlueStem Wealth Partners LLC raised its stake in shares of iShares Convertible Bond ETF by 507.2% in the 1st quarter. BlueStem Wealth Partners LLC now owns 198,516 shares of the company’s stock valued at $16,598,000 after acquiring an additional 165,825 shares during the period. Insight Wealth Strategies LLC lifted its holdings in shares of iShares Convertible Bond ETF by 90.4% in the 2nd quarter. Insight Wealth Strategies LLC now owns 245,103 shares of the company’s stock worth $21,885,000 after acquiring an additional 116,343 shares during the last quarter. Finally, Advance Capital Management Inc. purchased a new position in shares of iShares Convertible Bond ETF during the 2nd quarter worth approximately $9,830,000.

iShares Convertible Bond ETF Trading Up 14.8%

iShares Convertible Bond ETF stock opened at $97.74 on Wednesday. The firm has a 50 day moving average price of $100.82 and a 200 day moving average price of $94.05. iShares Convertible Bond ETF has a fifty-two week low of $75.97 and a fifty-two week high of $93.29.

iShares Convertible Bond ETF 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.