Braun Bostich & Associates Inc. Has $482,000 Stake in iShares Convertible Bond ETF (BATS:ICVT)

Braun Bostich & Associates Inc. boosted its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 35.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,672 shares of the company’s stock after buying an additional 1,474 shares during the period. Braun Bostich & Associates Inc.’s holdings in iShares Convertible Bond ETF were worth $482,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ICVT. Icon Wealth Advisors LLC raised its position in shares of iShares Convertible Bond ETF by 4.9% in the 3rd quarter. Icon Wealth Advisors LLC now owns 3,048 shares of the company’s stock valued at $255,000 after acquiring an additional 142 shares during the period. LGT Financial Advisors LLC increased its stake 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 valued at $44,000 after purchasing an additional 164 shares in the last quarter. Capital Wealth Management LLC raised its holdings in iShares Convertible Bond ETF by 0.4% in the third quarter. Capital Wealth Management LLC now owns 40,021 shares of the company’s stock worth $3,349,000 after purchasing an additional 171 shares during the period. Richard W. Paul & Associates LLC boosted its position in shares of iShares Convertible Bond ETF by 1.7% during the third quarter. Richard W. Paul & Associates LLC now owns 10,511 shares of the company’s stock worth $879,000 after purchasing an additional 175 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in shares of iShares Convertible Bond ETF by 210.6% during the second quarter. EverSource Wealth Advisors LLC now owns 323 shares of the company’s stock worth $26,000 after purchasing an additional 219 shares in the last quarter.

iShares Convertible Bond ETF Trading Up 3.1 %

Shares of ICVT opened at $87.80 on Wednesday. The stock has a 50 day simple moving average of $87.11 and a 200 day simple moving average of $83.65. iShares Convertible Bond ETF has a 52-week low of $50.43 and a 52-week 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.