iShares Convertible Bond ETF $ICVT is Florin Court Capital LLP’s 6th Largest Position

Florin Court Capital LLP decreased its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 39.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,727 shares of the company’s stock after selling 27,100 shares during the quarter. iShares Convertible Bond ETF comprises 5.7% of Florin Court Capital LLP’s investment portfolio, making the stock its 6th largest holding. Florin Court Capital LLP’s holdings in iShares Convertible Bond ETF were worth $4,110,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of ICVT. Allianz Asset Management GmbH purchased a new position in iShares Convertible Bond ETF during the 3rd quarter worth $2,701,000. AMG National Trust Bank raised its position in iShares Convertible Bond ETF by 1.8% during the 3rd quarter. AMG National Trust Bank now owns 496,267 shares of the company’s stock worth $49,652,000 after buying an additional 8,715 shares during the last quarter. Cassilly Financial Group LLC purchased a new position in iShares Convertible Bond ETF during the 4th quarter worth $824,000. Arete Wealth Advisors LLC raised its position in iShares Convertible Bond ETF by 328.4% during the 3rd quarter. Arete Wealth Advisors LLC now owns 10,497 shares of the company’s stock worth $1,051,000 after buying an additional 8,047 shares during the last quarter. Finally, Ascent Group LLC raised its position in iShares Convertible Bond ETF by 25.8% during the 4th quarter. Ascent Group LLC now owns 30,816 shares of the company’s stock worth $3,035,000 after buying an additional 6,314 shares during the last quarter.

iShares Convertible Bond ETF Stock Performance

Shares of iShares Convertible Bond ETF stock opened at $117.19 on Friday. iShares Convertible Bond ETF has a one year low of $86.32 and a one year high of $119.71. The firm has a fifty day moving average of $108.24 and a two-hundred day moving average of $104.01.

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. ICVT was launched on Jun 2, 2015 and is managed by BlackRock.