Claro Advisors LLC Acquires New Holdings in iShares Convertible Bond ETF (BATS:ICVT)

Claro Advisors LLC bought a new stake in iShares Convertible Bond ETF (BATS:ICVT) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 2,590 shares of the company’s stock, valued at approximately $220,000.

Other large investors have also recently bought and sold shares of the company. Susquehanna International Group LLP acquired a new position in shares of iShares Convertible Bond ETF during the 2nd quarter valued at $80,458,000. 1832 Asset Management L.P. grew its holdings in iShares Convertible Bond ETF by 162.9% during the second quarter. 1832 Asset Management L.P. now owns 729,587 shares of the company’s stock worth $57,367,000 after acquiring an additional 452,039 shares during the period. Certified Advisory Corp bought a new stake in iShares Convertible Bond ETF in the second quarter worth about $12,818,000. Assetmark Inc. lifted its holdings in iShares Convertible Bond ETF by 150.4% in the 3rd quarter. Assetmark Inc. now owns 254,643 shares of the company’s stock valued at $21,306,000 after acquiring an additional 152,939 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of iShares Convertible Bond ETF by 14.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,094,735 shares of the company’s stock valued at $86,079,000 after purchasing an additional 138,493 shares in the last quarter.

iShares Convertible Bond ETF Stock Up 0.9 %

Shares of ICVT opened at $85.87 on Thursday. iShares Convertible Bond ETF has a 12-month low of $50.43 and a 12-month high of $58.18. The firm’s 50 day moving average is $87.07 and its 200-day moving average is $83.37.

About iShares Convertible Bond ETF

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.