World Investment Advisors Purchases New Shares in iShares Convertible Bond ETF $ICVT

World Investment Advisors purchased a new position in shares of iShares Convertible Bond ETF (BATS:ICVT) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 4,200 shares of the company’s stock, valued at approximately $414,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Strategic Advocates LLC grew its stake in shares of iShares Convertible Bond ETF by 94.8% during the fourth quarter. Strategic Advocates LLC now owns 372 shares of the company’s stock valued at $37,000 after acquiring an additional 181 shares in the last quarter. Sunbelt Securities Inc. boosted its holdings in iShares Convertible Bond ETF by 36.5% in the third quarter. Sunbelt Securities Inc. now owns 389 shares of the company’s stock valued at $39,000 after purchasing an additional 104 shares during the last quarter. Huntington National Bank grew its stake in iShares Convertible Bond ETF by 54,600.0% during the 3rd quarter. Huntington National Bank now owns 547 shares of the company’s stock valued at $55,000 after purchasing an additional 546 shares in the last quarter. CIBC Private Wealth Group LLC grew its stake in iShares Convertible Bond ETF by 160.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 610 shares of the company’s stock valued at $60,000 after purchasing an additional 376 shares in the last quarter. Finally, Cape Investment Advisory Inc. increased its holdings in iShares Convertible Bond ETF by 73.1% during the 3rd quarter. Cape Investment Advisory Inc. now owns 611 shares of the company’s stock worth $61,000 after purchasing an additional 258 shares during the last quarter.

iShares Convertible Bond ETF Stock Down 1.1%

Shares of ICVT opened at $120.56 on Thursday. The business’s 50 day moving average is $117.43 and its two-hundred day moving average is $107.95. iShares Convertible Bond ETF has a 52-week low of $89.00 and a 52-week high of $126.56.

About iShares Convertible Bond ETF

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.