UBS Group AG Has $2.89 Million Position in iShares Convertible Bond ETF (BATS:ICVT)

UBS Group AG lowered its holdings in iShares Convertible Bond ETF (BATS:ICVT – Get Rating) by 18.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 41,878 shares of the company’s stock after selling 9,431 shares during the quarter. UBS Group AG’s holdings in iShares Convertible Bond ETF were worth $2,885,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of ICVT. Bank of New York Mellon Corp acquired a new stake in iShares Convertible Bond ETF in the 1st quarter valued at $1,892,000. Bank of Montreal Can bought a new position in iShares Convertible Bond ETF during the 1st quarter valued at $88,000. BlackRock Inc. lifted its stake in iShares Convertible Bond ETF by 57,927.6% during the 1st quarter. BlackRock Inc. now owns 221,085 shares of the company’s stock valued at $18,420,000 after acquiring an additional 220,704 shares in the last quarter. Cetera Investment Advisers lifted its stake in iShares Convertible Bond ETF by 129.1% during the 1st quarter. Cetera Investment Advisers now owns 8,704 shares of the company’s stock valued at $725,000 after acquiring an additional 4,904 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in iShares Convertible Bond ETF by 40.9% during the 1st quarter. NewEdge Advisors LLC now owns 50,724 shares of the company’s stock valued at $4,227,000 after acquiring an additional 14,723 shares in the last quarter.

iShares Convertible Bond ETF Stock Performance

Shares of BATS:ICVT opened at $73.73 on Friday. The stock’s fifty day simple moving average is $72.43 and its two-hundred day simple moving average is $71.64. iShares Convertible Bond ETF has a 1-year low of $50.43 and a 1-year high of $58.18.