Synergy Asset Management LLC Acquires 6,192 Shares of iShares Convertible Bond ETF (BATS:ICVT)

Synergy Asset Management LLC raised its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 159.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,065 shares of the company’s stock after buying an additional 6,192 shares during the period. Synergy Asset Management LLC’s holdings in iShares Convertible Bond ETF were worth $850,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. PSI Advisors LLC acquired a new stake in shares of iShares Convertible Bond ETF in the fourth quarter valued at about $29,000. LGT Financial Advisors LLC increased its position in shares of iShares Convertible Bond ETF by 45.3% during the 3rd 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 position in shares of iShares Convertible Bond ETF during the 4th quarter worth approximately $45,000. Mattson Financial Services LLC bought a new stake in shares of iShares Convertible Bond ETF during the 2nd quarter worth approximately $61,000. Finally, Brown Financial Advisors acquired a new stake in shares of iShares Convertible Bond ETF in the 2nd quarter valued at approximately $95,000.

iShares Convertible Bond ETF Price Performance

BATS:ICVT opened at $87.42 on Thursday. iShares Convertible Bond ETF has a 1-year low of $50.43 and a 1-year high of $58.18. The firm has a fifty day simple moving average of $87.20 and a 200 day simple moving average of $83.96.

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.