Perigon Wealth Management LLC lifted its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT – Free Report) by 49.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 15,413 shares of the company’s stock after buying an additional 5,111 shares during the quarter. Perigon Wealth Management LLC’s holdings in iShares Convertible Bond ETF were worth $1,331,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. PSI Advisors LLC purchased a new stake in iShares Convertible Bond ETF during the 4th quarter valued at approximately $29,000. LGT Financial Advisors LLC raised its stake 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 purchasing an additional 164 shares during the last quarter. Endeavor Private Wealth Inc. acquired a new stake in shares of iShares Convertible Bond ETF during the fourth quarter worth $45,000. Mattson Financial Services LLC purchased a new position in iShares Convertible Bond ETF in the 2nd quarter valued at $61,000. Finally, Brown Financial Advisors purchased a new position in iShares Convertible Bond ETF in the 2nd quarter valued at $95,000.
iShares Convertible Bond ETF Stock Performance
Shares of iShares Convertible Bond ETF stock opened at $88.07 on Friday. iShares Convertible Bond ETF has a one year low of $50.43 and a one year high of $58.18. The firm has a fifty day moving average of $87.21 and a two-hundred day moving average of $83.99.
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.
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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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