iShares Convertible Bond ETF $ICVT Stake Lifted by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. lifted its position in iShares Convertible Bond ETF (BATS:ICVT) by 29.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 158,802 shares of the company’s stock after buying an additional 36,159 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares Convertible Bond ETF were worth $15,642,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Focus Partners Wealth bought a new position in shares of iShares Convertible Bond ETF in the first quarter valued at $663,000. Creative Planning acquired a new position in shares of iShares Convertible Bond ETF in the 2nd quarter valued at $350,000. Qube Research & Technologies Ltd boosted its position in shares of iShares Convertible Bond ETF by 144.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 3,331 shares of the company’s stock valued at $300,000 after purchasing an additional 1,969 shares during the period. BNP Paribas Financial Markets boosted its position in shares of iShares Convertible Bond ETF by 137.1% in the 2nd quarter. BNP Paribas Financial Markets now owns 54,066 shares of the company’s stock valued at $4,871,000 after purchasing an additional 31,263 shares during the period. Finally, MML Investors Services LLC boosted its position in shares of iShares Convertible Bond ETF by 7.5% in the 2nd quarter. MML Investors Services LLC now owns 143,831 shares of the company’s stock valued at $12,959,000 after purchasing an additional 9,991 shares during the period.

iShares Convertible Bond ETF Stock Performance

ICVT stock opened at $114.64 on Wednesday. iShares Convertible Bond ETF has a 52-week low of $86.32 and a 52-week high of $119.71. The company’s 50 day simple moving average is $108.75 and its 200-day simple moving average is $104.17.

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.