Foundations Investment Advisors LLC Raises Holdings in iShares Convertible Bond ETF (BATS:ICVT)

Foundations Investment Advisors LLC boosted its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT) by 41.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 76,754 shares of the company’s stock after acquiring an additional 22,523 shares during the quarter. Foundations Investment Advisors LLC owned about 0.32% of iShares Convertible Bond ETF worth $6,522,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Icon Wealth Advisors LLC boosted its position in shares of iShares Convertible Bond ETF by 4.9% during the third quarter. Icon Wealth Advisors LLC now owns 3,048 shares of the company’s stock worth $255,000 after buying an additional 142 shares during the period. Braun Bostich & Associates Inc. boosted its holdings in iShares Convertible Bond ETF by 3.8% during the 3rd quarter. Braun Bostich & Associates Inc. now owns 4,198 shares of the company’s stock valued at $351,000 after acquiring an additional 155 shares during the period. LGT Financial Advisors LLC grew its position in iShares Convertible Bond ETF by 45.3% in the 3rd quarter. LGT Financial Advisors LLC now owns 526 shares of the company’s stock valued at $44,000 after acquiring an additional 164 shares in the last quarter. Capital Wealth Management LLC increased its stake in iShares Convertible Bond ETF by 0.4% during 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. Finally, Richard W. Paul & Associates LLC increased its stake in 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 during the period.

iShares Convertible Bond ETF Price Performance

BATS ICVT opened at $87.03 on Tuesday. iShares Convertible Bond ETF has a one year low of $50.43 and a one year high of $58.18. The firm has a 50 day simple moving average of $87.20 and a 200-day simple moving average of $83.88.

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.