JPMorgan Chase & Co. Buys 56,149 Shares of iShares Convertible Bond ETF (BATS:ICVT)

JPMorgan Chase & Co. lifted its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 32.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 228,239 shares of the company’s stock after purchasing an additional 56,149 shares during the period. JPMorgan Chase & Co. owned 0.94% of iShares Convertible Bond ETF worth $19,097,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Synovus Financial Corp bought a new stake in iShares Convertible Bond ETF during the third quarter worth $224,000. Sanctuary Advisors LLC raised its holdings in shares of iShares Convertible Bond ETF by 9.4% in the 3rd quarter. Sanctuary Advisors LLC now owns 61,751 shares of the company’s stock valued at $5,469,000 after purchasing an additional 5,320 shares during the period. High Falls Advisors Inc lifted its stake in iShares Convertible Bond ETF by 7.7% in the 3rd quarter. High Falls Advisors Inc now owns 4,211 shares of the company’s stock valued at $352,000 after purchasing an additional 301 shares during the last quarter. EWA LLC grew its holdings in iShares Convertible Bond ETF by 51.4% during the third quarter. EWA LLC now owns 6,279 shares of the company’s stock worth $542,000 after purchasing an additional 2,131 shares during the period. Finally, MML Investors Services LLC increased its position in iShares Convertible Bond ETF by 0.3% during the third quarter. MML Investors Services LLC now owns 105,378 shares of the company’s stock worth $8,817,000 after buying an additional 320 shares during the last quarter.

iShares Convertible Bond ETF Stock Down 0.4 %

ICVT opened at $85.58 on Friday. iShares Convertible Bond ETF has a 12-month low of $50.43 and a 12-month high of $58.18. The business has a 50 day moving average of $86.99 and a 200-day moving average of $83.14.

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.