D.A. Davidson & CO. Has $1.31 Million Position in iShares Convertible Bond ETF (BATS:ICVT)

D.A. Davidson & CO. lifted its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 7.7% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 15,602 shares of the company’s stock after buying an additional 1,115 shares during the quarter. D.A. Davidson & CO. owned about 0.06% of iShares Convertible Bond ETF worth $1,305,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of ICVT. Acorn Wealth Advisors LLC lifted its position in iShares Convertible Bond ETF by 8.3% during the third quarter. Acorn Wealth Advisors LLC now owns 5,242 shares of the company’s stock worth $439,000 after acquiring an additional 401 shares during the last quarter. Centaurus Financial Inc. bought a new position in shares of iShares Convertible Bond ETF during the third quarter worth approximately $299,000. Certified Advisory Corp lifted its holdings in iShares Convertible Bond ETF by 2.2% during the 3rd quarter. Certified Advisory Corp now owns 166,529 shares of the company’s stock worth $13,934,000 after purchasing an additional 3,509 shares during the last quarter. Icon Wealth Advisors LLC boosted its stake in iShares Convertible Bond ETF by 52.7% in the 3rd quarter. Icon Wealth Advisors LLC now owns 4,438 shares of the company’s stock valued at $410,000 after purchasing an additional 1,532 shares during the period. Finally, CFS Investment Advisory Services LLC grew its holdings in iShares Convertible Bond ETF by 3.5% in the 3rd quarter. CFS Investment Advisory Services LLC now owns 17,233 shares of the company’s stock valued at $1,442,000 after buying an additional 583 shares in the last quarter.

iShares Convertible Bond ETF Trading Up 0.2 %

ICVT stock opened at $89.28 on Friday. iShares Convertible Bond ETF has a fifty-two week low of $50.43 and a fifty-two week high of $58.18. The business’s fifty day moving average price is $85.17 and its two-hundred day moving average price is $81.44.

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.