Curtis Wealth Management LLC bought a new position in shares of iShares Convertible Bond ETF (BATS:ICVT – Free Report) during the fourth quarter, Holdings Channel reports. The fund bought 7,950 shares of the company’s stock, valued at approximately $824,000.
A number of other institutional investors also recently bought and sold shares of the company. Parallel Advisors LLC raised its stake in iShares Convertible Bond ETF by 1,077.6% during the fourth quarter. Parallel Advisors LLC now owns 1,790 shares of the company’s stock worth $176,000 after purchasing an additional 1,638 shares during the period. J.W. Cole Advisors Inc. raised its stake in iShares Convertible Bond ETF by 7.6% during the fourth quarter. J.W. Cole Advisors Inc. now owns 21,980 shares of the company’s stock worth $2,165,000 after purchasing an additional 1,553 shares during the period. Comprehensive Wealth Management LLC raised its stake in iShares Convertible Bond ETF by 44.2% during the fourth quarter. Comprehensive Wealth Management LLC now owns 11,085 shares of the company’s stock worth $1,092,000 after purchasing an additional 3,398 shares during the period. Evolution Wealth Management Inc. purchased a new position in iShares Convertible Bond ETF during the fourth quarter worth about $69,000. Finally, WCG Wealth Advisors LLC purchased a new position in iShares Convertible Bond ETF during the fourth quarter worth about $1,151,000.
iShares Convertible Bond ETF Stock Down 4.2%
Shares of ICVT stock opened at $117.65 on Friday. The firm’s 50-day moving average is $113.05 and its two-hundred day moving average is $105.83. iShares Convertible Bond ETF has a 12 month low of $87.43 and a 12 month high of $124.22.
iShares Convertible Bond ETF Company 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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