Cypress Wealth Services LLC boosted its stake in iShares Convertible Bond ETF (BATS:ICVT – Free Report) by 24.6% during the 4th quarter, Holdings Channel reports. The firm owned 3,167 shares of the company’s stock after buying an additional 625 shares during the quarter. Cypress Wealth Services LLC’s holdings in iShares Convertible Bond ETF were worth $269,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in ICVT. Retireful LLC bought a new stake in shares of iShares Convertible Bond ETF in the fourth quarter worth about $2,111,000. Hennion & Walsh Asset Management Inc. grew its holdings in iShares Convertible Bond ETF by 23.4% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 4,033 shares of the company’s stock valued at $343,000 after buying an additional 766 shares in the last quarter. Redhawk Wealth Advisors Inc. bought a new stake in iShares Convertible Bond ETF in the 4th quarter worth approximately $9,321,000. Park Avenue Securities LLC raised its holdings in shares of iShares Convertible Bond ETF by 43.9% during the 4th quarter. Park Avenue Securities LLC now owns 78,297 shares of the company’s stock worth $6,653,000 after acquiring an additional 23,902 shares in the last quarter. Finally, Quad Cities Investment Group LLC raised its holdings in shares of iShares Convertible Bond ETF by 4.6% during the 4th quarter. Quad Cities Investment Group LLC now owns 11,236 shares of the company’s stock worth $955,000 after acquiring an additional 496 shares in the last quarter.
iShares Convertible Bond ETF Price Performance
ICVT stock opened at $87.01 on Friday. The firm has a fifty day moving average price of $87.09 and a 200 day moving average price of $83.45. iShares Convertible Bond ETF has a fifty-two week low of $50.43 and a fifty-two week high of $58.18.
About iShares Convertible Bond ETF
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.
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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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