iShares Convertible Bond ETF (BATS:ICVT) Shares Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC raised its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 2.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,120 shares of the company’s stock after acquiring an additional 1,823 shares during the quarter. Park Avenue Securities LLC owned approximately 0.26% of iShares Convertible Bond ETF worth $6,699,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in ICVT. Wells Financial Advisors INC acquired a new position in shares of iShares Convertible Bond ETF during the fourth quarter valued at approximately $26,000. Spire Wealth Management increased its holdings in shares of iShares Convertible Bond ETF by 56.9% in the fourth quarter. Spire Wealth Management now owns 452 shares of the company’s stock valued at $38,000 after purchasing an additional 164 shares during the last quarter. Franklin Resources Inc. acquired a new stake in shares of iShares Convertible Bond ETF in the fourth quarter valued at approximately $62,000. Elevation Wealth Partners LLC increased its holdings in shares of iShares Convertible Bond ETF by 42.6% in the fourth quarter. Elevation Wealth Partners LLC now owns 897 shares of the company’s stock valued at $76,000 after purchasing an additional 268 shares during the last quarter. Finally, LGT Financial Advisors LLC increased its holdings in shares of iShares Convertible Bond ETF by 77.6% in the fourth quarter. LGT Financial Advisors LLC now owns 934 shares of the company’s stock valued at $79,000 after purchasing an additional 408 shares during the last quarter.

iShares Convertible Bond ETF Stock Up 3.6%

BATS:ICVT opened at $88.23 on Monday. iShares Convertible Bond ETF has a one year low of $75.97 and a one year high of $89.71. The stock has a 50 day moving average price of $84.64 and a 200 day moving average price of $86.01.

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.