Curtis Wealth Management LLC Acquires Shares of 7,950 iShares Convertible Bond ETF $ICVT

Curtis Wealth Management LLC acquired a new stake in shares of iShares Convertible Bond ETF (BATS:ICVT) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 7,950 shares of the company’s stock, valued at approximately $824,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ICVT. Sunbelt Securities Inc. lifted its holdings in iShares Convertible Bond ETF by 36.5% during the third quarter. Sunbelt Securities Inc. now owns 389 shares of the company’s stock valued at $39,000 after purchasing an additional 104 shares in the last quarter. Huntington National Bank lifted its holdings in iShares Convertible Bond ETF by 54,600.0% during the third quarter. Huntington National Bank now owns 547 shares of the company’s stock valued at $55,000 after purchasing an additional 546 shares in the last quarter. Cape Investment Advisory Inc. lifted its holdings in iShares Convertible Bond ETF by 73.1% during the third quarter. Cape Investment Advisory Inc. now owns 611 shares of the company’s stock valued at $61,000 after purchasing an additional 258 shares in the last quarter. Kingdom Financial Group LLC. purchased a new position in iShares Convertible Bond ETF during the fourth quarter valued at $64,000. Finally, Evolution Wealth Management Inc. purchased a new position in iShares Convertible Bond ETF during the fourth quarter valued at $69,000.

iShares Convertible Bond ETF Stock Down 4.2%

ICVT opened at $117.65 on Friday. iShares Convertible Bond ETF has a 52-week low of $87.43 and a 52-week high of $124.22. The firm’s fifty day simple moving average is $113.05 and its two-hundred day simple moving average is $105.83.

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.