Wetzel Investment Advisors Inc. Acquires 243 Shares of iShares Convertible Bond ETF (BATS:ICVT)

Wetzel Investment Advisors Inc. boosted its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT) by 0.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 47,256 shares of the company’s stock after acquiring an additional 243 shares during the quarter. iShares Convertible Bond ETF accounts for 2.0% of Wetzel Investment Advisors Inc.’s portfolio, making the stock its 15th biggest holding. Wetzel Investment Advisors Inc. owned about 0.20% of iShares Convertible Bond ETF worth $4,015,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of ICVT. Creative Planning boosted its holdings in shares of iShares Convertible Bond ETF by 12.3% in the third quarter. Creative Planning now owns 3,325 shares of the company’s stock valued at $278,000 after purchasing an additional 363 shares during the period. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of iShares Convertible Bond ETF by 23.4% in the 4th 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 during the period. JPMorgan Chase & Co. lifted its holdings in shares of iShares Convertible Bond ETF by 32.6% in the 3rd 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 grew its position in shares of 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 worth $2,641,000 after buying an additional 1,199 shares in the last quarter. Finally, Bank of Montreal Can increased its stake 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 valued at $2,088,000 after buying an additional 23,632 shares during the period.

iShares Convertible Bond ETF Price Performance

BATS ICVT opened at $87.03 on Tuesday. iShares Convertible Bond ETF has a one year low of $50.43 and a one year high of $58.18. The company’s 50-day simple moving average is $87.20 and its two-hundred day simple moving average is $83.88.

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.