SteelPeak Wealth LLC Acquires 8,966 Shares of iShares Convertible Bond ETF (BATS:ICVT)

SteelPeak Wealth LLC lifted its stake in iShares Convertible Bond ETF (BATS:ICVT) by 48.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,439 shares of the company’s stock after purchasing an additional 8,966 shares during the period. SteelPeak Wealth LLC owned 0.11% of iShares Convertible Bond ETF worth $2,331,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in ICVT. Greenleaf Trust raised its holdings in iShares Convertible Bond ETF by 4.2% in the third quarter. Greenleaf Trust now owns 419,049 shares of the company’s stock worth $35,062,000 after purchasing an additional 16,894 shares during the period. Lebenthal Global Advisors LLC boosted its stake in shares of iShares Convertible Bond ETF by 83.6% during the 4th quarter. Lebenthal Global Advisors LLC now owns 418,271 shares of the company’s stock worth $35,540,000 after buying an additional 190,400 shares during the last quarter. Assetmark Inc. boosted its position in iShares Convertible Bond ETF by 150.4% during the third quarter. Assetmark Inc. now owns 254,643 shares of the company’s stock valued at $21,306,000 after purchasing an additional 152,939 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares Convertible Bond ETF by 32.6% in the third 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. Finally, Certified Advisory Corp grew its position in shares of iShares Convertible Bond ETF by 0.9% in the 4th quarter. Certified Advisory Corp now owns 168,094 shares of the company’s stock valued at $14,283,000 after acquiring an additional 1,565 shares during the period.

iShares Convertible Bond ETF Price Performance

ICVT stock opened at $87.42 on Thursday. The business’s 50 day simple moving average is $87.20 and its 200 day simple moving average is $83.96. iShares Convertible Bond ETF has a 1-year low of $50.43 and a 1-year high of $58.18.

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.