3,057 Shares in iShares Convertible Bond ETF (BATS:ICVT) Bought by Calton & Associates Inc.

Calton & Associates Inc. bought a new stake in shares of iShares Convertible Bond ETF (BATS:ICVT) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,057 shares of the company’s stock, valued at approximately $260,000.

Several other hedge funds have also modified their holdings of ICVT. Lebenthal Global Advisors LLC raised its holdings in iShares Convertible Bond ETF by 83.6% during the 4th quarter. Lebenthal Global Advisors LLC now owns 418,271 shares of the company’s stock worth $35,540,000 after buying an additional 190,400 shares during the period. Assetmark Inc. increased its stake in iShares Convertible Bond ETF by 150.4% in the 3rd quarter. Assetmark Inc. now owns 254,643 shares of the company’s stock valued at $21,306,000 after buying an additional 152,939 shares during the period. Insight Wealth Strategies LLC purchased a new stake in iShares Convertible Bond ETF in the 4th quarter worth approximately $10,815,000. Redhawk Wealth Advisors Inc. acquired a new stake in shares of iShares Convertible Bond ETF during the 4th quarter valued at $9,321,000. Finally, Florin Court Capital LLP purchased a new position in shares of iShares Convertible Bond ETF during the 3rd quarter valued at $5,054,000.

iShares Convertible Bond ETF Stock Up 3.1 %

BATS ICVT opened at $87.77 on Friday. iShares Convertible Bond ETF has a 1-year low of $50.43 and a 1-year high of $58.18. The firm’s fifty day simple moving average is $87.19 and its 200-day simple moving average is $84.04.

About iShares Convertible Bond ETF

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.