Kestra Investment Management LLC purchased a new position in iShares Convertible Bond ETF (BATS:ICVT – Free Report) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 34,040 shares of the company’s stock, valued at approximately $3,353,000.
Other hedge funds have also recently made changes to their positions in the company. Allianz Asset Management GmbH bought a new stake in shares of iShares Convertible Bond ETF in the 3rd quarter worth approximately $2,701,000. AMG National Trust Bank boosted its position in shares of iShares Convertible Bond ETF by 1.8% in the 3rd quarter. AMG National Trust Bank now owns 496,267 shares of the company’s stock worth $49,652,000 after purchasing an additional 8,715 shares in the last quarter. Cassilly Financial Group LLC bought a new stake in shares of iShares Convertible Bond ETF in the 4th quarter worth approximately $824,000. Arete Wealth Advisors LLC boosted its position in shares of iShares Convertible Bond ETF by 328.4% in the 3rd quarter. Arete Wealth Advisors LLC now owns 10,497 shares of the company’s stock worth $1,051,000 after purchasing an additional 8,047 shares in the last quarter. Finally, Ascent Group LLC boosted its position in shares of iShares Convertible Bond ETF by 25.8% in the 4th quarter. Ascent Group LLC now owns 30,816 shares of the company’s stock worth $3,035,000 after purchasing an additional 6,314 shares in the last quarter.
iShares Convertible Bond ETF Price Performance
Shares of ICVT opened at $118.38 on Tuesday. The business’s 50 day moving average price is $109.90 and its 200-day moving average price is $104.59. iShares Convertible Bond ETF has a 52 week low of $86.32 and a 52 week high of $119.71.
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. ICVT was launched on Jun 2, 2015 and is managed by BlackRock.
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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 – Free Report).
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