SWP Financial LLC Acquires Shares of 18,312 iShares Convertible Bond ETF (BATS:ICVT)

SWP Financial LLC bought a new position in shares of iShares Convertible Bond ETF (BATS:ICVT) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 18,312 shares of the company’s stock, valued at approximately $1,556,000. iShares Convertible Bond ETF accounts for approximately 0.9% of SWP Financial LLC’s portfolio, making the stock its 27th biggest holding. SWP Financial LLC owned approximately 0.08% of iShares Convertible Bond ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Creative Planning raised its holdings in shares of iShares Convertible Bond ETF by 12.3% in the 3rd quarter. Creative Planning now owns 3,325 shares of the company’s stock valued at $278,000 after purchasing an additional 363 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its stake in iShares Convertible Bond ETF by 23.4% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 4,033 shares of the company’s stock worth $343,000 after buying an additional 766 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares Convertible Bond ETF by 32.6% during the third quarter. JPMorgan Chase & Co. now owns 228,239 shares of the company’s stock worth $19,097,000 after buying an additional 56,149 shares during the period. Private Advisor Group LLC boosted its position in iShares Convertible Bond ETF by 3.9% during the 3rd quarter. Private Advisor Group LLC now owns 31,568 shares of the company’s stock valued at $2,641,000 after acquiring an additional 1,199 shares in the last quarter. Finally, Kades & Cheifetz LLC increased its holdings in shares of iShares Convertible Bond ETF by 3.7% in the 3rd quarter. Kades & Cheifetz LLC now owns 64,697 shares of the company’s stock valued at $5,413,000 after acquiring an additional 2,328 shares during the period.

iShares Convertible Bond ETF Stock Performance

Shares of BATS ICVT opened at $87.81 on Monday. iShares Convertible Bond ETF has a 1-year low of $50.43 and a 1-year high of $58.18. The business has a fifty day moving average price of $87.19 and a 200 day moving average price of $83.83.

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.