PSI Advisors LLC bought a new stake in iShares Convertible Bond ETF (BATS:ICVT – Free Report) during the fourth quarter, HoldingsChannel reports. The fund bought 336 shares of the company’s stock, valued at approximately $29,000.
A number of other institutional investors have also added to or reduced their stakes in the company. Tsfg LLC grew its stake in shares of iShares Convertible Bond ETF by 77.8% during the fourth quarter. Tsfg LLC now owns 4,067 shares of the company’s stock valued at $346,000 after buying an additional 1,779 shares during the last quarter. Ehrlich Financial Group grew its stake in shares of iShares Convertible Bond ETF by 22.0% during the fourth quarter. Ehrlich Financial Group now owns 3,521 shares of the company’s stock valued at $299,000 after buying an additional 636 shares during the last quarter. Friedenthal Financial bought a new position in shares of iShares Convertible Bond ETF during the fourth quarter valued at about $4,416,000. Claro Advisors LLC bought a new position in shares of iShares Convertible Bond ETF during the fourth quarter valued at about $220,000. Finally, Ridgewood Investments LLC grew its stake in shares of iShares Convertible Bond ETF by 3.6% during the fourth quarter. Ridgewood Investments LLC now owns 6,800 shares of the company’s stock valued at $578,000 after buying an additional 238 shares during the last quarter.
iShares Convertible Bond ETF Stock Up 0.6 %
Shares of BATS:ICVT opened at $85.13 on Wednesday. The stock’s 50-day moving average price is $87.08 and its 200-day moving average price is $83.36. iShares Convertible Bond ETF has a 12-month low of $50.43 and a 12-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.
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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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