WCG Wealth Advisors LLC Buys Shares of 11,681 iShares Convertible Bond ETF $ICVT

WCG Wealth Advisors LLC purchased a new position in shares of iShares Convertible Bond ETF (BATS:ICVT) during the fourth quarter, Holdings Channel.com reports. The firm purchased 11,681 shares of the company’s stock, valued at approximately $1,151,000.

Several other large investors have also bought and sold shares of ICVT. Sunbelt Securities Inc. raised its stake in iShares Convertible Bond ETF by 36.5% in the 3rd quarter. Sunbelt Securities Inc. now owns 389 shares of the company’s stock valued at $39,000 after acquiring an additional 104 shares during the period. Huntington National Bank lifted its position in iShares Convertible Bond ETF by 54,600.0% in the 3rd quarter. Huntington National Bank now owns 547 shares of the company’s stock worth $55,000 after buying an additional 546 shares during the last quarter. Cape Investment Advisory Inc. lifted its position in iShares Convertible Bond ETF by 73.1% in the 3rd quarter. Cape Investment Advisory Inc. now owns 611 shares of the company’s stock worth $61,000 after buying an additional 258 shares during the last quarter. Kingdom Financial Group LLC. bought a new stake in iShares Convertible Bond ETF in the fourth quarter valued at approximately $64,000. Finally, Dorato Capital Management bought a new stake in iShares Convertible Bond ETF in the fourth quarter valued at approximately $190,000.

iShares Convertible Bond ETF Trading Down 4.2%

ICVT opened at $117.65 on Friday. The stock has a fifty day simple moving average of $113.05 and a two-hundred day simple moving average of $105.83. iShares Convertible Bond ETF has a 12-month low of $87.43 and a 12-month high of $124.22.

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. ICVT was launched on Jun 2, 2015 and is managed by BlackRock.