Diversify Advisory Services LLC Buys Shares of 41,411 iShares Convertible Bond ETF $ICVT

Diversify Advisory Services LLC purchased a new position in shares of iShares Convertible Bond ETF (BATS:ICVT) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 41,411 shares of the company’s stock, valued at approximately $4,291,000. Diversify Advisory Services LLC owned about 0.15% of iShares Convertible Bond ETF as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Steigerwald Gordon & Koch Inc. bought a new position in iShares Convertible Bond ETF during the third quarter worth $26,000. Sound Income Strategies LLC raised its stake in iShares Convertible Bond ETF by 585.4% during the 3rd quarter. Sound Income Strategies LLC now owns 281 shares of the company’s stock valued at $29,000 after purchasing an additional 240 shares during the last quarter. Huntington National Bank boosted its holdings in iShares Convertible Bond ETF by 54,600.0% in the 3rd quarter. Huntington National Bank now owns 547 shares of the company’s stock valued at $55,000 after purchasing an additional 546 shares during the period. Ashton Thomas Securities LLC bought a new stake in iShares Convertible Bond ETF in the 3rd quarter valued at $62,000. Finally, Goldstein Advisors LLC acquired a new stake in iShares Convertible Bond ETF in the 3rd quarter worth $202,000.

iShares Convertible Bond ETF Stock Performance

BATS:ICVT opened at $101.28 on Monday. The firm’s 50-day moving average is $103.31 and its 200-day moving average is $100.71. iShares Convertible Bond ETF has a 52-week low of $77.02 and a 52-week high of $106.32.

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