Foundations Investment Advisors LLC Boosts Stock Holdings in iShares Convertible Bond ETF (BATS:ICVT)

Foundations Investment Advisors LLC boosted its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 19.3% during the first quarter, HoldingsChannel.com reports. The firm owned 91,597 shares of the company’s stock after acquiring an additional 14,843 shares during the period. Foundations Investment Advisors LLC’s holdings in iShares Convertible Bond ETF were worth $7,658,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Bank of America Corp DE increased its position in shares of iShares Convertible Bond ETF by 5.9% in the fourth quarter. Bank of America Corp DE now owns 2,454,117 shares of the company’s stock worth $208,526,000 after acquiring an additional 136,263 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of iShares Convertible Bond ETF by 3.7% in the first quarter. Envestnet Asset Management Inc. now owns 1,523,827 shares of the company’s stock worth $127,407,000 after acquiring an additional 54,513 shares in the last quarter. LPL Financial LLC increased its position in shares of iShares Convertible Bond ETF by 0.3% in the first quarter. LPL Financial LLC now owns 948,047 shares of the company’s stock worth $79,266,000 after acquiring an additional 2,707 shares in the last quarter. AMG National Trust Bank increased its position in shares of iShares Convertible Bond ETF by 1.9% in the first quarter. AMG National Trust Bank now owns 488,995 shares of the company’s stock worth $40,885,000 after acquiring an additional 9,173 shares in the last quarter. Finally, Greenleaf Trust increased its position in shares of iShares Convertible Bond ETF by 3.0% in the first quarter. Greenleaf Trust now owns 443,129 shares of the company’s stock worth $37,050,000 after acquiring an additional 12,717 shares in the last quarter.

iShares Convertible Bond ETF Price Performance

iShares Convertible Bond ETF stock opened at $92.76 on Tuesday. iShares Convertible Bond ETF has a 52-week low of $75.97 and a 52-week high of $93.29. The firm has a fifty day moving average of $89.37 and a 200-day moving average of $86.69.

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.