iShares Convertible Bond ETF (BATS:ICVT) Shares Purchased by Goldstein Advisors LLC

Goldstein Advisors LLC raised its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 76.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,292 shares of the company’s stock after buying an additional 1,864 shares during the quarter. Goldstein Advisors LLC’s holdings in iShares Convertible Bond ETF were worth $365,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Endeavor Private Wealth Inc. acquired a new stake in iShares Convertible Bond ETF during the fourth quarter valued at approximately $45,000. Janney Montgomery Scott LLC raised its position in shares of iShares Convertible Bond ETF by 36.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 56,329 shares of the company’s stock worth $4,786,000 after purchasing an additional 14,948 shares during the period. SG Americas Securities LLC acquired a new stake in shares of iShares Convertible Bond ETF during the 4th quarter worth approximately $544,000. Braun Bostich & Associates Inc. raised its position in shares of iShares Convertible Bond ETF by 35.1% during the 4th quarter. Braun Bostich & Associates Inc. now owns 5,672 shares of the company’s stock worth $482,000 after purchasing an additional 1,474 shares during the period. Finally, Kelly Financial Services LLC raised its position in shares of iShares Convertible Bond ETF by 38.1% during the 4th quarter. Kelly Financial Services LLC now owns 12,646 shares of the company’s stock worth $1,075,000 after purchasing an additional 3,491 shares during the period.

iShares Convertible Bond ETF Trading Up 2.9 %

Shares of iShares Convertible Bond ETF stock opened at $87.60 on Thursday. The business’s 50 day simple moving average is $87.12 and its 200-day simple moving average is $83.67. iShares Convertible Bond ETF has a twelve month low of $50.43 and a twelve month high of $58.18.

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.