Insight Wealth Strategies LLC Purchases 116,343 Shares of iShares Convertible Bond ETF $ICVT

Insight Wealth Strategies LLC increased its position in iShares Convertible Bond ETF (BATS:ICVT) by 90.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 245,103 shares of the company’s stock after purchasing an additional 116,343 shares during the period. iShares Convertible Bond ETF makes up approximately 2.8% of Insight Wealth Strategies LLC’s holdings, making the stock its 11th biggest position. Insight Wealth Strategies LLC owned 0.88% of iShares Convertible Bond ETF worth $21,885,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its stake in iShares Convertible Bond ETF by 3.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,523,827 shares of the company’s stock valued at $127,407,000 after acquiring an additional 54,513 shares during the period. Goldman Sachs Group Inc. lifted its stake in iShares Convertible Bond ETF by 36.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,252,000 shares of the company’s stock valued at $104,680,000 after acquiring an additional 334,100 shares during the period. LPL Financial LLC lifted its stake in iShares Convertible Bond ETF by 0.3% during the 1st quarter. LPL Financial LLC now owns 948,047 shares of the company’s stock valued at $79,266,000 after acquiring an additional 2,707 shares during the period. AMG National Trust Bank lifted its stake in iShares Convertible Bond ETF by 1.9% during the 1st quarter. AMG National Trust Bank now owns 488,995 shares of the company’s stock valued at $40,885,000 after acquiring an additional 9,173 shares during the period. Finally, Greenleaf Trust lifted its stake in iShares Convertible Bond ETF by 3.0% during the 1st quarter. Greenleaf Trust now owns 443,129 shares of the company’s stock valued at $37,050,000 after acquiring an additional 12,717 shares during the period.

iShares Convertible Bond ETF Stock Performance

ICVT opened at $97.35 on Friday. The company’s 50-day simple moving average is $93.03 and its two-hundred day simple moving average is $88.14. iShares Convertible Bond ETF has a 52-week low of $75.97 and a 52-week high of $93.29.

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.