Park Avenue Securities LLC Has $6.65 Million Stock Holdings in iShares Convertible Bond ETF (BATS:ICVT)

Park Avenue Securities LLC increased its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 43.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 78,297 shares of the company’s stock after buying an additional 23,902 shares during the quarter. Park Avenue Securities LLC’s holdings in iShares Convertible Bond ETF were worth $6,653,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Susquehanna International Group LLP bought a new stake in shares of iShares Convertible Bond ETF during the second quarter valued at approximately $80,458,000. 1832 Asset Management L.P. increased its stake in iShares Convertible Bond ETF by 162.9% during the 2nd quarter. 1832 Asset Management L.P. now owns 729,587 shares of the company’s stock valued at $57,367,000 after purchasing an additional 452,039 shares in the last quarter. Certified Advisory Corp acquired a new position in iShares Convertible Bond ETF during the second quarter worth $12,818,000. Assetmark Inc. lifted its stake in shares of iShares Convertible Bond ETF by 150.4% in the third quarter. Assetmark Inc. now owns 254,643 shares of the company’s stock valued at $21,306,000 after buying an additional 152,939 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in shares of iShares Convertible Bond ETF by 14.5% in the second quarter. Envestnet Asset Management Inc. now owns 1,094,735 shares of the company’s stock valued at $86,079,000 after buying an additional 138,493 shares in the last quarter.

iShares Convertible Bond ETF Price Performance

BATS:ICVT opened at $85.87 on Thursday. iShares Convertible Bond ETF has a one year low of $50.43 and a one year high of $58.18. The firm has a 50-day moving average of $87.07 and a 200-day moving average of $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.