Foundations Investment Advisors LLC Grows Position in iShares Convertible Bond ETF (BATS:ICVT)

Foundations Investment Advisors LLC raised its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 41.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,754 shares of the company’s stock after buying an additional 22,523 shares during the period. Foundations Investment Advisors LLC’s holdings in iShares Convertible Bond ETF were worth $6,522,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. EverSource Wealth Advisors LLC grew its stake in shares of iShares Convertible Bond ETF by 210.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 323 shares of the company’s stock valued at $26,000 after purchasing an additional 219 shares during the last quarter. PSI Advisors LLC acquired a new stake in shares of iShares Convertible Bond ETF in the 4th quarter worth $29,000. LGT Financial Advisors LLC boosted its holdings in shares of 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 acquiring an additional 164 shares in the last quarter. Endeavor Private Wealth Inc. acquired a new position in shares of iShares Convertible Bond ETF during the fourth quarter worth about $45,000. Finally, Mattson Financial Services LLC purchased a new position in iShares Convertible Bond ETF during the second quarter worth about $61,000.

iShares Convertible Bond ETF Stock Performance

Shares of BATS:ICVT opened at $87.03 on Tuesday. iShares Convertible Bond ETF has a 52 week low of $50.43 and a 52 week high of $58.18. The company has a 50-day moving average price of $87.20 and a 200 day moving average price 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.