Tsfg LLC Acquires 1,779 Shares of iShares Convertible Bond ETF (BATS:ICVT)

Tsfg LLC increased its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 77.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,067 shares of the company’s stock after buying an additional 1,779 shares during the quarter. Tsfg LLC’s holdings in iShares Convertible Bond ETF were worth $346,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC increased its holdings in iShares Convertible Bond ETF by 210.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 323 shares of the company’s stock worth $26,000 after acquiring an additional 219 shares during the last quarter. LGT Financial Advisors LLC grew its holdings in iShares Convertible Bond ETF by 45.3% during the 3rd quarter. LGT Financial Advisors LLC now owns 526 shares of the company’s stock valued at $44,000 after buying an additional 164 shares in the last quarter. Mattson Financial Services LLC bought a new stake in shares of iShares Convertible Bond ETF during the second quarter valued at about $61,000. Brown Financial Advisors purchased a new stake in shares of iShares Convertible Bond ETF in the second quarter worth about $95,000. Finally, First Horizon Advisors Inc. boosted its position in shares of iShares Convertible Bond ETF by 25.7% in the third quarter. First Horizon Advisors Inc. now owns 1,535 shares of the company’s stock valued at $129,000 after acquiring an additional 314 shares during the period.

iShares Convertible Bond ETF Stock Down 0.3 %

iShares Convertible Bond ETF stock opened at $84.61 on Tuesday. The firm’s 50 day simple moving average is $87.06 and its 200 day simple moving average is $83.28. iShares Convertible Bond ETF has a 1-year low of $50.43 and a 1-year high of $58.18.

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.