Synergy Asset Management LLC Has $850,000 Stock Holdings in iShares Convertible Bond ETF (BATS:ICVT)

Synergy Asset Management LLC lifted its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 159.9% during the 4th quarter, HoldingsChannel.com reports. The firm 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.

A number of other hedge funds also recently modified their holdings of ICVT. Gries Financial LLC raised its position in iShares Convertible Bond ETF by 20.8% during the fourth quarter. Gries Financial LLC now owns 11,113 shares of the company’s stock valued at $944,000 after purchasing an additional 1,916 shares in the last quarter. Milestone Asset Management LLC increased its stake in shares of iShares Convertible Bond ETF by 6.5% in the 4th quarter. Milestone Asset Management LLC now owns 6,992 shares of the company’s stock valued at $594,000 after purchasing an additional 429 shares during the last quarter. Strategic Blueprint LLC raised its holdings in shares of iShares Convertible Bond ETF by 23.4% during the 4th quarter. Strategic Blueprint LLC now owns 14,130 shares of the company’s stock worth $1,201,000 after buying an additional 2,678 shares in the last quarter. SteelPeak Wealth LLC lifted its position in shares of iShares Convertible Bond ETF by 48.5% during the 4th quarter. SteelPeak Wealth LLC now owns 27,439 shares of the company’s stock worth $2,331,000 after buying an additional 8,966 shares during the last quarter. Finally, Perigon Wealth Management LLC boosted its stake in iShares Convertible Bond ETF by 49.6% in the fourth quarter. Perigon Wealth Management LLC now owns 15,413 shares of the company’s stock valued at $1,331,000 after buying an additional 5,111 shares in the last quarter.

iShares Convertible Bond ETF Price Performance

Shares of BATS ICVT opened at $87.42 on Thursday. iShares Convertible Bond ETF has a 12 month low of $50.43 and a 12 month high of $58.18. The stock has a 50-day moving average price of $87.20 and a two-hundred day moving average price of $83.96.

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.