31,538 Shares in iShares Convertible Bond ETF (BATS:ICVT) Purchased by KFG Wealth Management LLC

KFG Wealth Management LLC acquired a new position in shares of iShares Convertible Bond ETF (BATS:ICVT) in the 4th quarter, HoldingsChannel reports. The firm acquired 31,538 shares of the company’s stock, valued at approximately $2,680,000.

A number of other hedge funds have also made changes to their positions in ICVT. EverSource Wealth Advisors LLC boosted its stake in shares of iShares Convertible Bond ETF by 210.6% in the second quarter. EverSource Wealth Advisors LLC now owns 323 shares of the company’s stock worth $26,000 after acquiring an additional 219 shares during the last quarter. PSI Advisors LLC acquired a new stake in iShares Convertible Bond ETF during the 4th quarter worth $29,000. LGT Financial Advisors LLC grew its holdings in shares of iShares Convertible Bond ETF by 45.3% during the third quarter. LGT Financial Advisors LLC now owns 526 shares of the company’s stock worth $44,000 after buying an additional 164 shares in the last quarter. Endeavor Private Wealth Inc. acquired a new stake in shares of iShares Convertible Bond ETF in the fourth quarter valued at about $45,000. Finally, Mattson Financial Services LLC acquired a new position in iShares Convertible Bond ETF during the second quarter worth $61,000.

iShares Convertible Bond ETF Stock Performance

Shares of BATS:ICVT opened at $87.81 on Friday. iShares Convertible Bond ETF has a 52-week low of $50.43 and a 52-week high of $58.18. The business has a fifty day moving average of $87.19 and a two-hundred day moving average of $83.80.

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.