iShares Convertible Bond ETF (BATS:ICVT) Stock Position Increased by Kelly Financial Services LLC

Kelly Financial Services LLC raised its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 38.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,646 shares of the company’s stock after purchasing an additional 3,491 shares during the period. Kelly Financial Services LLC owned 0.05% of iShares Convertible Bond ETF worth $1,075,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Creative Planning grew its stake in shares of iShares Convertible Bond ETF by 12.3% in the third quarter. Creative Planning now owns 3,325 shares of the company’s stock worth $278,000 after purchasing an additional 363 shares in the last quarter. JPMorgan Chase & Co. grew its position in iShares Convertible Bond ETF by 32.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 228,239 shares of the company’s stock valued at $19,097,000 after buying an additional 56,149 shares in the last quarter. Private Advisor Group LLC increased its stake in iShares Convertible Bond ETF by 3.9% during the 3rd quarter. Private Advisor Group LLC now owns 31,568 shares of the company’s stock valued at $2,641,000 after buying an additional 1,199 shares during the period. Kades & Cheifetz LLC raised its position in shares of iShares Convertible Bond ETF by 3.7% during the 3rd quarter. Kades & Cheifetz LLC now owns 64,697 shares of the company’s stock worth $5,413,000 after buying an additional 2,328 shares in the last quarter. Finally, Bank of Montreal Can raised its position in shares of iShares Convertible Bond ETF by 857.2% during the 2nd quarter. Bank of Montreal Can now owns 26,389 shares of the company’s stock worth $2,088,000 after buying an additional 23,632 shares in the last quarter.

iShares Convertible Bond ETF Trading Up 2.2 %

iShares Convertible Bond ETF stock opened at $87.01 on Friday. iShares Convertible Bond ETF has a 12-month low of $50.43 and a 12-month high of $58.18. The firm has a 50 day simple moving average of $87.09 and a 200-day simple moving average of $83.49.

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.