iShares Convertible Bond ETF (BATS:ICVT) Shares Sold by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC cut its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT) by 17.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,808 shares of the company’s stock after selling 799 shares during the period. Orion Portfolio Solutions LLC’s holdings in iShares Convertible Bond ETF were worth $319,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. EverSource Wealth Advisors LLC grew its position in iShares Convertible Bond ETF by 210.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 323 shares of the company’s stock worth $26,000 after purchasing an additional 219 shares during the period. LGT Financial Advisors LLC lifted its stake in iShares Convertible Bond ETF by 336.1% in the 2nd quarter. LGT Financial Advisors LLC now owns 362 shares of the company’s stock valued at $29,000 after buying an additional 279 shares in the last quarter. International Assets Investment Management LLC purchased a new position in iShares Convertible Bond ETF in the 2nd quarter valued at about $33,000. Mattson Financial Services LLC purchased a new position in iShares Convertible Bond ETF in the 2nd quarter valued at about $61,000. Finally, Brown Financial Advisors acquired a new stake in iShares Convertible Bond ETF in the 2nd quarter valued at about $95,000.

iShares Convertible Bond ETF Trading Down 2.1 %

ICVT stock opened at $85.88 on Thursday. iShares Convertible Bond ETF has a 12 month low of $50.43 and a 12 month high of $58.18. The firm has a 50-day moving average of $86.47 and a two-hundred day moving average of $82.30.

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.