iShares Convertible Bond ETF $ICVT Shares Sold by KFG Wealth Management LLC

KFG Wealth Management LLC lessened its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 61.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 4,512 shares of the company’s stock after selling 7,101 shares during the period. KFG Wealth Management LLC’s holdings in iShares Convertible Bond ETF were worth $444,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in shares of iShares Convertible Bond ETF by 3.2% during the third quarter. Bank of America Corp DE now owns 2,647,316 shares of the company’s stock worth $264,864,000 after purchasing an additional 82,318 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Convertible Bond ETF by 33.8% during the third quarter. Envestnet Asset Management Inc. now owns 1,248,931 shares of the company’s stock worth $124,956,000 after purchasing an additional 315,685 shares during the period. AMG National Trust Bank lifted its holdings in shares of iShares Convertible Bond ETF by 1.8% during the third quarter. AMG National Trust Bank now owns 496,267 shares of the company’s stock worth $49,652,000 after purchasing an additional 8,715 shares during the period. Advisory Alpha LLC lifted its holdings in shares of iShares Convertible Bond ETF by 3.6% during the third quarter. Advisory Alpha LLC now owns 449,503 shares of the company’s stock worth $45,672,000 after purchasing an additional 15,566 shares during the period. Finally, Greenleaf Trust lifted its holdings in shares of iShares Convertible Bond ETF by 0.5% during the third quarter. Greenleaf Trust now owns 447,550 shares of the company’s stock worth $44,777,000 after purchasing an additional 2,270 shares during the period.

iShares Convertible Bond ETF Stock Up 0.6%

iShares Convertible Bond ETF stock opened at $104.53 on Wednesday. iShares Convertible Bond ETF has a 52 week low of $77.43 and a 52 week high of $106.32. The stock has a 50-day moving average price of $103.81 and a 200 day moving average price of $101.87.

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