iShares Convertible Bond ETF (BATS:ICVT) is Kades & Cheifetz LLC’s 9th Largest Position

Kades & Cheifetz LLC cut its stake in iShares Convertible Bond ETF (BATS:ICVT) by 2.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 63,096 shares of the company’s stock after selling 1,601 shares during the period. iShares Convertible Bond ETF makes up about 2.7% of Kades & Cheifetz LLC’s holdings, making the stock its 9th largest holding. Kades & Cheifetz LLC owned approximately 0.26% of iShares Convertible Bond ETF worth $5,361,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. Creative Planning boosted its position in shares of iShares Convertible Bond ETF by 12.3% during the third quarter. Creative Planning now owns 3,325 shares of the company’s stock worth $278,000 after buying an additional 363 shares during the period. Private Advisor Group LLC raised its stake in iShares Convertible Bond ETF by 3.9% in the third 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 in the last quarter. JPMorgan Chase & Co. raised its stake in 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. Bank of Montreal Can raised its stake in iShares Convertible Bond ETF by 857.2% in the second quarter. Bank of Montreal Can now owns 26,389 shares of the company’s stock valued at $2,088,000 after buying an additional 23,632 shares in the last quarter. Finally, 1832 Asset Management L.P. raised its stake in iShares Convertible Bond ETF by 162.9% in the second quarter. 1832 Asset Management L.P. now owns 729,587 shares of the company’s stock valued at $57,367,000 after buying an additional 452,039 shares in the last quarter.

iShares Convertible Bond ETF Stock Down 0.8 %

iShares Convertible Bond ETF stock traded down $0.68 during midday trading on Monday, reaching $84.90. The company’s stock had a trading volume of 280,670 shares. The business has a 50-day simple moving average of $87.06 and a 200-day simple moving average of $83.28. iShares Convertible Bond ETF has a fifty-two week low of $50.43 and a fifty-two week high of $58.18.

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.