RHS Financial LLC bought a new position in shares of iShares Convertible Bond ETF (BATS:ICVT – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,899 shares of the company’s stock, valued at approximately $351,000.
Other hedge funds also recently added to or reduced their stakes in the company. Pinion Investment Advisors LLC acquired a new stake in shares of iShares Convertible Bond ETF in the 1st quarter valued at $296,000. Abound Wealth Management purchased a new position in iShares Convertible Bond ETF in the first quarter valued at $42,000. Cyndeo Wealth Partners LLC increased its holdings in iShares Convertible Bond ETF by 27.0% in the first quarter. Cyndeo Wealth Partners LLC now owns 5,616 shares of the company’s stock valued at $470,000 after buying an additional 1,195 shares during the last quarter. Sowell Financial Services LLC purchased a new position in iShares Convertible Bond ETF in the first quarter valued at $271,000. Finally, Sagespring Wealth Partners LLC increased its holdings in iShares Convertible Bond ETF by 53.4% in the first quarter. Sagespring Wealth Partners LLC now owns 18,259 shares of the company’s stock valued at $1,527,000 after buying an additional 6,355 shares during the last quarter.
iShares Convertible Bond ETF Price Performance
BATS:ICVT opened at $100.40 on Monday. The business’s fifty day moving average price is $96.32 and its 200 day moving average price is $90.25. iShares Convertible Bond ETF has a 12 month low of $75.97 and a 12 month high of $93.29.
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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