Tradewinds Capital Management LLC Purchases 187,688 Shares of iShares Convertible Bond ETF $ICVT

Tradewinds Capital Management LLC raised its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 9,488.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 189,666 shares of the company’s stock after acquiring an additional 187,688 shares during the quarter. iShares Convertible Bond ETF comprises 3.9% of Tradewinds Capital Management LLC’s investment portfolio, making the stock its 10th biggest holding. Tradewinds Capital Management LLC owned about 0.68% of iShares Convertible Bond ETF worth $18,682,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Steigerwald Gordon & Koch Inc. acquired a new stake in iShares Convertible Bond ETF during the third quarter worth approximately $26,000. Sound Income Strategies LLC increased its holdings in iShares Convertible Bond ETF by 585.4% in the third quarter. Sound Income Strategies LLC now owns 281 shares of the company’s stock worth $29,000 after purchasing an additional 240 shares in the last quarter. Sunbelt Securities Inc. lifted its stake in iShares Convertible Bond ETF by 36.5% in the third quarter. Sunbelt Securities Inc. now owns 389 shares of the company’s stock valued at $39,000 after buying an additional 104 shares during the period. Huntington National Bank lifted its stake in iShares Convertible Bond ETF by 54,600.0% in the third quarter. Huntington National Bank now owns 547 shares of the company’s stock valued at $55,000 after buying an additional 546 shares during the period. Finally, Cape Investment Advisory Inc. boosted its holdings in shares of iShares Convertible Bond ETF by 73.1% during the 3rd quarter. Cape Investment Advisory Inc. now owns 611 shares of the company’s stock worth $61,000 after buying an additional 258 shares in the last quarter.

iShares Convertible Bond ETF Stock Down 1.1%

Shares of ICVT stock opened at $100.84 on Friday. The firm has a 50 day moving average of $103.93 and a 200-day moving average of $101.57. iShares Convertible Bond ETF has a 52 week low of $77.02 and a 52 week high of $106.32.

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. ICVT was launched on Jun 2, 2015 and is managed by BlackRock.