6,322 Shares of iShares Convertible Bond ETF $ICVT Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. purchased a new stake in shares of iShares Convertible Bond ETF (BATS:ICVT) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 6,322 shares of the company’s stock, valued at approximately $714,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Ashton Thomas Securities LLC bought a new position in shares of iShares Convertible Bond ETF in the 1st quarter worth approximately $58,000. NBT Bank N A NY increased its position in iShares Convertible Bond ETF by 527.3% in the first quarter. NBT Bank N A NY now owns 621 shares of the company’s stock worth $63,000 after buying an additional 522 shares in the last quarter. TD Waterhouse Canada Inc. raised its stake in shares of iShares Convertible Bond ETF by 84.4% in the second quarter. TD Waterhouse Canada Inc. now owns 874 shares of the company’s stock worth $107,000 after buying an additional 400 shares during the period. Root Financial Partners LLC bought a new position in shares of iShares Convertible Bond ETF in the third quarter worth about $125,000. Finally, Continuum Advisory LLC purchased a new position in shares of iShares Convertible Bond ETF during the 2nd quarter valued at about $144,000.

iShares Convertible Bond ETF Stock Up 0.0%

ICVT stock opened at $104.19 on Thursday. The business’s 50-day moving average price is $111.01 and its 200-day moving average price is $111.60. iShares Convertible Bond ETF has a twelve month low of $94.41 and a twelve month high of $126.56.

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