Tidal Investments LLC decreased its position in shares of iShares Convertible Bond ETF (BATS:ICVT – Free Report) by 11.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,118 shares of the company’s stock after selling 2,802 shares during the period. Tidal Investments LLC owned about 0.09% of iShares Convertible Bond ETF worth $1,764,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently modified their holdings of ICVT. Brookstone Capital Management increased its holdings in shares of iShares Convertible Bond ETF by 10.4% during the second quarter. Brookstone Capital Management now owns 7,146 shares of the company’s stock worth $576,000 after buying an additional 673 shares in the last quarter. First Horizon Advisors Inc. increased its holdings in shares of iShares Convertible Bond ETF by 48.2% during the second quarter. First Horizon Advisors Inc. now owns 1,221 shares of the company’s stock worth $96,000 after buying an additional 397 shares in the last quarter. Concourse Financial Group Securities Inc. increased its holdings in shares of iShares Convertible Bond ETF by 10.8% during the second quarter. Concourse Financial Group Securities Inc. now owns 3,581 shares of the company’s stock worth $282,000 after buying an additional 348 shares in the last quarter. Richard W. Paul & Associates LLC increased its holdings in shares of iShares Convertible Bond ETF by 6.2% during the second quarter. Richard W. Paul & Associates LLC now owns 10,336 shares of the company’s stock worth $813,000 after buying an additional 602 shares in the last quarter. Finally, JB Capital LLC increased its holdings in shares of iShares Convertible Bond ETF by 10.3% in the second quarter. JB Capital LLC now owns 6,440 shares of the company’s stock valued at $506,000 after purchasing an additional 603 shares in the last quarter.
iShares Convertible Bond ETF Price Performance
Shares of iShares Convertible Bond ETF stock opened at $88.05 on Wednesday. The firm has a 50 day simple moving average of $86.38 and a 200 day simple moving average of $82.23. iShares Convertible Bond ETF has a fifty-two week low of $50.43 and a fifty-two week high of $58.18.
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.
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