Entelevest LLC Purchases Shares of 6,081 iShares Convertible Bond ETF $ICVT

Entelevest LLC purchased a new stake in iShares Convertible Bond ETF (BATS:ICVT) during the 4th quarter, Holdings Channel reports. The fund purchased 6,081 shares of the company’s stock, valued at approximately $599,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Strategic Advocates LLC lifted its holdings in shares of iShares Convertible Bond ETF by 94.8% in the fourth quarter. Strategic Advocates LLC now owns 372 shares of the company’s stock valued at $37,000 after purchasing an additional 181 shares in the last quarter. Sunbelt Securities Inc. lifted its holdings in shares of 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 in the last quarter. Huntington National Bank lifted its holdings in shares of iShares Convertible Bond ETF by 54,600.0% in the third 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. Cape Investment Advisory Inc. lifted its holdings in shares of iShares Convertible Bond ETF by 73.1% in the third quarter. Cape Investment Advisory Inc. now owns 611 shares of the company’s stock valued at $61,000 after purchasing an additional 258 shares in the last quarter. Finally, Kingdom Financial Group LLC. purchased a new stake in shares of iShares Convertible Bond ETF in the fourth quarter valued at about $64,000.

iShares Convertible Bond ETF Stock Down 1.6%

Shares of BATS ICVT opened at $115.55 on Thursday. iShares Convertible Bond ETF has a 12-month low of $87.43 and a 12-month high of $124.22. The firm’s 50-day moving average is $114.03 and its two-hundred day moving average is $106.31.

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