Blue Trust Inc. Purchases 314 Shares of iShares Convertible Bond ETF (BATS:ICVT)

Blue Trust Inc. boosted its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 3.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,739 shares of the company’s stock after purchasing an additional 314 shares during the quarter. Blue Trust Inc.’s holdings in iShares Convertible Bond ETF were worth $731,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of Montreal Can boosted its position in shares of iShares Convertible Bond ETF by 857.2% during the second quarter. Bank of Montreal Can now owns 26,389 shares of the company’s stock valued at $2,088,000 after buying an additional 23,632 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of iShares Convertible Bond ETF by 109.6% in the 2nd quarter. NewEdge Advisors LLC now owns 47,711 shares of the company’s stock worth $3,751,000 after acquiring an additional 24,949 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares Convertible Bond ETF by 20.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,637 shares of the company’s stock valued at $601,000 after purchasing an additional 1,279 shares during the last quarter. Regal Investment Advisors LLC bought a new position in shares of iShares Convertible Bond ETF during the second quarter valued at about $202,000. Finally, Brown Financial Advisors purchased a new stake in iShares Convertible Bond ETF in the 2nd quarter valued at about $95,000.

iShares Convertible Bond ETF Stock Performance

Shares of BATS ICVT opened at $87.42 on Thursday. The stock’s 50 day moving average price is $87.20 and its 200-day moving average price is $83.96. iShares Convertible Bond ETF has a twelve month low of $50.43 and a twelve month 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.