Onyx Bridge Wealth Group LLC Grows Position in iShares Convertible Bond ETF $ICVT

Onyx Bridge Wealth Group LLC increased its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT) by 42.6% in the first quarter, Holdings Channel reports. The firm owned 118,285 shares of the company’s stock after buying an additional 35,318 shares during the period. iShares Convertible Bond ETF comprises 1.3% of Onyx Bridge Wealth Group LLC’s investment portfolio, making the stock its 15th largest holding. Onyx Bridge Wealth Group LLC’s holdings in iShares Convertible Bond ETF were worth $12,040,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE lifted its position in iShares Convertible Bond ETF by 3.2% in the third quarter. Bank of America Corp DE now owns 2,647,316 shares of the company’s stock valued at $264,864,000 after buying an additional 82,318 shares during the last quarter. LPL Financial LLC boosted its stake in iShares Convertible Bond ETF by 20.2% during the fourth quarter. LPL Financial LLC now owns 1,035,083 shares of the company’s stock worth $101,956,000 after buying an additional 174,077 shares during the period. AMG National Trust Bank increased its position in shares of iShares Convertible Bond ETF by 6.0% during the fourth quarter. AMG National Trust Bank now owns 526,045 shares of the company’s stock valued at $51,815,000 after acquiring an additional 29,778 shares during the last quarter. Greenleaf Trust increased its position in shares of iShares Convertible Bond ETF by 0.8% during the fourth quarter. Greenleaf Trust now owns 451,146 shares of the company’s stock valued at $44,438,000 after acquiring an additional 3,596 shares during the last quarter. Finally, Advisory Alpha LLC raised its stake in shares of iShares Convertible Bond ETF by 3.6% in the 3rd quarter. Advisory Alpha LLC now owns 449,503 shares of the company’s stock valued at $45,672,000 after acquiring an additional 15,566 shares during the period.

iShares Convertible Bond ETF Price Performance

iShares Convertible Bond ETF stock opened at $118.81 on Friday. The company’s 50 day simple moving average is $117.82 and its 200-day simple moving average is $108.17. iShares Convertible Bond ETF has a 1 year low of $89.22 and a 1 year high of $126.56.

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.