19,983 Shares of iShares Convertible Bond ETF $ICVT Purchased by Schuylkill Financial LLC

Schuylkill Financial LLC purchased a new stake in iShares Convertible Bond ETF (BATS:ICVT) during the third quarter, HoldingsChannel reports. The institutional investor purchased 19,983 shares of the company’s stock, valued at approximately $2,257,000. iShares Convertible Bond ETF accounts for approximately 2.2% of Schuylkill Financial LLC’s holdings, making the stock its 11th biggest position.

Other institutional investors also recently modified their holdings of the company. NewEdge Advisors LLC grew its holdings in shares of iShares Convertible Bond ETF by 30.4% during the second quarter. NewEdge Advisors LLC now owns 85,064 shares of the company’s stock worth $10,356,000 after buying an additional 19,854 shares in the last quarter. World Investment Advisors bought a new stake in iShares Convertible Bond ETF in the 4th quarter valued at approximately $414,000. Allianz Asset Management GmbH lifted its stake in iShares Convertible Bond ETF by 168.3% in the 2nd quarter. Allianz Asset Management GmbH now owns 176,300 shares of the company’s stock valued at $21,463,000 after acquiring an additional 110,600 shares in the last quarter. Webster Bank N. A. lifted its stake in iShares Convertible Bond ETF by 1,320.9% in the 1st quarter. Webster Bank N. A. now owns 6,039 shares of the company’s stock valued at $615,000 after acquiring an additional 5,614 shares in the last quarter. Finally, Fifth Third Bancorp bought a new stake in iShares Convertible Bond ETF in the 1st quarter valued at approximately $560,000.

iShares Convertible Bond ETF Trading Up 0.7%

BATS:ICVT traded up $0.79 during trading hours on Wednesday, reaching $106.94. 1,113,420 shares of the stock were exchanged, compared to its average volume of 743,985. iShares Convertible Bond ETF has a twelve month low of $94.41 and a twelve month high of $126.56. The firm has a 50 day moving average of $113.48 and a 200 day moving average of $115.08.

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.