Insight Wealth Strategies LLC Takes Position in iShares Convertible Bond ETF (BATS:ICVT)

Insight Wealth Strategies LLC purchased a new position in iShares Convertible Bond ETF (BATS:ICVT) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 127,277 shares of the company’s stock, valued at approximately $10,815,000. iShares Convertible Bond ETF accounts for about 1.5% of Insight Wealth Strategies LLC’s investment portfolio, making the stock its 19th biggest position.

Other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in iShares Convertible Bond ETF by 32.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 228,239 shares of the company’s stock valued at $19,097,000 after acquiring an additional 56,149 shares during the period. Synovus Financial Corp bought a new stake in shares of iShares Convertible Bond ETF in the third quarter valued at approximately $224,000. Sanctuary Advisors LLC lifted its stake in shares of iShares Convertible Bond ETF by 9.4% during the 3rd quarter. Sanctuary Advisors LLC now owns 61,751 shares of the company’s stock valued at $5,469,000 after buying an additional 5,320 shares in the last quarter. High Falls Advisors Inc boosted its holdings in iShares Convertible Bond ETF by 7.7% in the 3rd quarter. High Falls Advisors Inc now owns 4,211 shares of the company’s stock worth $352,000 after buying an additional 301 shares during the period. Finally, EWA LLC grew its stake in iShares Convertible Bond ETF by 51.4% in the 3rd quarter. EWA LLC now owns 6,279 shares of the company’s stock valued at $542,000 after buying an additional 2,131 shares in the last quarter.

iShares Convertible Bond ETF Stock Up 1.5 %

BATS ICVT traded up $1.27 during trading hours on Monday, hitting $86.29. The company had a trading volume of 109,105 shares. iShares Convertible Bond ETF has a 52 week low of $50.43 and a 52 week high of $58.18. The firm has a 50 day simple moving average of $86.89 and a 200 day simple moving average of $83.00.

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.