Barings LLC Sells 50,177 Shares of iShares Convertible Bond ETF (BATS:ICVT)

Barings LLC cut its position in iShares Convertible Bond ETF (BATS:ICVT) by 63.6% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 28,693 shares of the company’s stock after selling 50,177 shares during the quarter. Barings LLC’s holdings in iShares Convertible Bond ETF were worth $2,926,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Citigroup Inc. lifted its position in shares of iShares Convertible Bond ETF by 111,731.8% during the 1st quarter. Citigroup Inc. now owns 1,000,895 shares of the company’s stock valued at $98,308,000 after acquiring an additional 1,000,000 shares during the period. JPMorgan Chase & Co. raised its stake in shares of iShares Convertible Bond ETF by 1,236.8% during the first quarter. JPMorgan Chase & Co. now owns 752,904 shares of the company’s stock worth $73,950,000 after acquiring an additional 696,581 shares in the last quarter. Alliancebernstein L.P. bought a new position in shares of iShares Convertible Bond ETF in the first quarter worth approximately $30,129,000. IndexIQ Advisors LLC boosted its holdings in iShares Convertible Bond ETF by 3,122.4% in the second quarter. IndexIQ Advisors LLC now owns 288,627 shares of the company’s stock valued at $29,431,000 after acquiring an additional 279,670 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. bought a new stake in shares of iShares Convertible Bond ETF during the 2nd quarter valued at $7,232,000.

iShares Convertible Bond ETF stock opened at $101.92 on Thursday. iShares Convertible Bond ETF has a 52-week low of $50.43 and a 52-week high of $58.18. The business has a 50-day simple moving average of $100.54 and a two-hundred day simple moving average of $99.84.

Further Reading: Liquidity

Want to see what other hedge funds are holding ICVT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Convertible Bond ETF (BATS:ICVT).

Institutional Ownership by Quarter for iShares Convertible Bond ETF (BATS:ICVT)

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