iShares Convertible Bond ETF $ICVT Stock Position Lifted by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its position in iShares Convertible Bond ETF (BATS:ICVT) by 13.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 215,078 shares of the company’s stock after acquiring an additional 25,807 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares Convertible Bond ETF were worth $21,519,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in ICVT. Cape Investment Advisory Inc. lifted its stake in iShares Convertible Bond ETF by 73.1% during the third quarter. Cape Investment Advisory Inc. now owns 611 shares of the company’s stock worth $61,000 after purchasing an additional 258 shares during the last quarter. Allworth Financial LP raised its holdings in shares of iShares Convertible Bond ETF by 30.7% during the third quarter. Allworth Financial LP now owns 3,397 shares of the company’s stock worth $340,000 after purchasing an additional 798 shares during the period. Cambria Investment Management L.P. lifted its position in shares of iShares Convertible Bond ETF by 43.4% in the 3rd quarter. Cambria Investment Management L.P. now owns 43,283 shares of the company’s stock worth $4,330,000 after buying an additional 13,110 shares during the last quarter. Centaurus Financial Inc. lifted its position in shares of iShares Convertible Bond ETF by 63.2% in the 3rd quarter. Centaurus Financial Inc. now owns 2,713 shares of the company’s stock worth $271,000 after buying an additional 1,051 shares during the last quarter. Finally, Sunbelt Securities Inc. boosted its holdings in shares of iShares Convertible Bond ETF by 36.5% in the 3rd quarter. Sunbelt Securities Inc. now owns 389 shares of the company’s stock valued at $39,000 after buying an additional 104 shares during the period.

iShares Convertible Bond ETF Stock Up 0.5%

BATS ICVT opened at $103.66 on Wednesday. iShares Convertible Bond ETF has a one year low of $77.02 and a one year high of $106.32. The company has a 50-day simple moving average of $103.98 and a 200-day simple moving average of $101.51.

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.