Cypress Wealth Services LLC Buys 625 Shares of iShares Convertible Bond ETF (BATS:ICVT)

Cypress Wealth Services LLC increased its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 24.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,167 shares of the company’s stock after purchasing an additional 625 shares during the quarter. Cypress Wealth Services LLC’s holdings in iShares Convertible Bond ETF were worth $269,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Retireful LLC bought a new stake in iShares Convertible Bond ETF during the fourth quarter worth $2,111,000. Hennion & Walsh Asset Management Inc. increased its stake in shares of iShares Convertible Bond ETF by 23.4% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 4,033 shares of the company’s stock valued at $343,000 after purchasing an additional 766 shares during the last quarter. Redhawk Wealth Advisors Inc. acquired a new position in shares of iShares Convertible Bond ETF during the 4th quarter worth $9,321,000. Park Avenue Securities LLC lifted its position in shares of iShares Convertible Bond ETF by 43.9% during the 4th quarter. Park Avenue Securities LLC now owns 78,297 shares of the company’s stock worth $6,653,000 after buying an additional 23,902 shares during the last quarter. Finally, Quad Cities Investment Group LLC boosted its stake in iShares Convertible Bond ETF by 4.6% in the fourth quarter. Quad Cities Investment Group LLC now owns 11,236 shares of the company’s stock valued at $955,000 after buying an additional 496 shares in the last quarter.

iShares Convertible Bond ETF Price Performance

Shares of BATS ICVT opened at $87.01 on Friday. The stock has a 50-day moving average price of $87.09 and a two-hundred day moving average price of $83.45. iShares Convertible Bond ETF has a 12 month low of $50.43 and a 12 month high of $58.18.

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.