iShares Convertible Bond ETF $ICVT Shares Bought by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC boosted its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT) by 119.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,043 shares of the company’s stock after acquiring an additional 6,006 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in iShares Convertible Bond ETF were worth $1,105,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of iShares Convertible Bond ETF during the 3rd quarter worth $26,000. Sound Income Strategies LLC boosted its position in shares of iShares Convertible Bond ETF by 585.4% during the 3rd quarter. Sound Income Strategies LLC now owns 281 shares of the company’s stock worth $29,000 after acquiring an additional 240 shares in the last quarter. Private Wealth Asset Management LLC purchased a new position in shares of iShares Convertible Bond ETF in the 2nd quarter valued at about $48,000. Ashton Thomas Securities LLC purchased a new stake in iShares Convertible Bond ETF during the third quarter worth approximately $62,000. Finally, Hantz Financial Services Inc. purchased a new position in iShares Convertible Bond ETF in the second quarter valued at approximately $84,000.

iShares Convertible Bond ETF Price Performance

ICVT stock opened at $104.15 on Friday. The company’s 50 day moving average is $101.29 and its two-hundred day moving average is $98.93. iShares Convertible Bond ETF has a twelve month low of $75.97 and a twelve month high of $93.29.

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.