iShares Convertible Bond ETF Surpasses Key Moving Average

During trading on Friday, the iShares Convertible Bond ETF (Symbol: ICVT) saw its shares rise above the significant 200-day moving average of $84.08, reaching a high of $84.18 per share. Currently, iShares Convertible Bond shares are up approximately 0.5% for the day. The chart below illustrates the performance of ICVT shares over the past year compared to its 200-day moving average:

Examining the data in the chart, ICVT’s one-year performance highlights a low of $75.97 per share within its 52-week range, while the high reached $89.71 per share. The most recent trade price was $84.11.

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