CFS Investment Advisory Services LLC Buys 7,705 Shares of iShares Convertible Bond ETF (BATS:ICVT)

CFS Investment Advisory Services LLC lifted its position in iShares Convertible Bond ETF (BATS:ICVT) by 44.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,938 shares of the company’s stock after purchasing an additional 7,705 shares during the quarter. CFS Investment Advisory Services LLC’s holdings in iShares Convertible Bond ETF were worth $2,119,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in ICVT. EverSource Wealth Advisors LLC grew its holdings in iShares Convertible Bond ETF by 210.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 323 shares of the company’s stock valued at $26,000 after buying an additional 219 shares in the last quarter. PSI Advisors LLC purchased a new position in shares of iShares Convertible Bond ETF in the fourth quarter valued at $29,000. LGT Financial Advisors LLC increased its position in iShares Convertible Bond ETF by 45.3% in 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. bought a new stake in iShares Convertible Bond ETF in the fourth quarter worth $45,000. Finally, Mattson Financial Services LLC bought a new position in iShares Convertible Bond ETF during the second quarter valued at $61,000.

iShares Convertible Bond ETF Price Performance

Shares of BATS:ICVT opened at $87.81 on Friday. The firm has a fifty day simple moving average of $87.19 and a two-hundred day simple moving average of $83.76. iShares Convertible Bond ETF has a 52 week low of $50.43 and a 52 week 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.