Austin Private Wealth LLC Purchases 3,177 Shares of iShares Convertible Bond ETF (BATS:ICVT)

Austin Private Wealth LLC grew its position in iShares Convertible Bond ETF (BATS:ICVT) by 55.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,934 shares of the company’s stock after purchasing an additional 3,177 shares during the quarter. Austin Private Wealth LLC’s holdings in iShares Convertible Bond ETF were worth $759,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Bank of Montreal Can boosted its position in shares of iShares Convertible Bond ETF by 857.2% during the second quarter. Bank of Montreal Can now owns 26,389 shares of the company’s stock worth $2,088,000 after acquiring an additional 23,632 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares Convertible Bond ETF by 20.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,637 shares of the company’s stock worth $601,000 after acquiring an additional 1,279 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of iShares Convertible Bond ETF during the second quarter worth $4,363,000. Mattson Financial Services LLC bought a new position in shares of iShares Convertible Bond ETF during the second quarter worth $61,000. Finally, Duncan Williams Asset Management LLC bought a new position in shares of iShares Convertible Bond ETF during the third quarter worth $335,000.

iShares Convertible Bond ETF Stock Performance

Shares of BATS:ICVT opened at $87.77 on Friday. The firm has a fifty day moving average price of $87.19 and a 200 day moving average price of $84.04. iShares Convertible Bond ETF has a fifty-two week low of $50.43 and a fifty-two week high of $58.18.

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.