iShares Convertible Bond ETF (BATS:ICVT) Shares Acquired by Wetzel Investment Advisors Inc.

Wetzel Investment Advisors Inc. grew its stake in iShares Convertible Bond ETF (BATS:ICVT) by 0.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 47,256 shares of the company’s stock after buying an additional 243 shares during the period. iShares Convertible Bond ETF makes up 2.0% of Wetzel Investment Advisors Inc.’s investment portfolio, making the stock its 15th largest position. Wetzel Investment Advisors Inc.’s holdings in iShares Convertible Bond ETF were worth $4,015,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Creative Planning raised its stake in iShares Convertible Bond ETF by 12.3% in the 3rd quarter. Creative Planning now owns 3,325 shares of the company’s stock worth $278,000 after acquiring an additional 363 shares during the last quarter. Hennion & Walsh Asset Management Inc. increased its holdings in shares of 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 valued at $343,000 after purchasing an additional 766 shares during the period. JPMorgan Chase & Co. raised its stake in shares of iShares Convertible Bond ETF by 32.6% in the third quarter. JPMorgan Chase & Co. now owns 228,239 shares of the company’s stock worth $19,097,000 after purchasing an additional 56,149 shares during the last quarter. Private Advisor Group LLC lifted its holdings in shares of iShares Convertible Bond ETF by 3.9% during the third quarter. Private Advisor Group LLC now owns 31,568 shares of the company’s stock worth $2,641,000 after purchasing an additional 1,199 shares during the period. Finally, Bank of Montreal Can boosted its position in iShares Convertible Bond ETF by 857.2% in 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 last quarter.

iShares Convertible Bond ETF Price Performance

ICVT opened at $87.03 on Tuesday. iShares Convertible Bond ETF has a 12-month low of $50.43 and a 12-month high of $58.18. The firm has a 50 day moving average of $87.20 and a two-hundred day moving average 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.