Anderson Financial Strategies LLC Makes New Investment in iShares Convertible Bond ETF $ICVT

Anderson Financial Strategies LLC bought a new position in iShares Convertible Bond ETF (BATS:ICVT) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 461 shares of the company’s stock, valued at approximately $39,000.

A number of other large investors have also made changes to their positions in ICVT. Capital Analysts LLC increased its stake in iShares Convertible Bond ETF by 3.0% in the 1st quarter. Capital Analysts LLC now owns 4,407 shares of the company’s stock valued at $369,000 after buying an additional 129 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of iShares Convertible Bond ETF by 1.2% during the 1st quarter. Farther Finance Advisors LLC now owns 10,849 shares of the company’s stock valued at $908,000 after buying an additional 130 shares during the period. Barnes Wealth Management Group Inc grew its holdings in shares of iShares Convertible Bond ETF by 4.3% during the 1st quarter. Barnes Wealth Management Group Inc now owns 3,283 shares of the company’s stock valued at $274,000 after acquiring an additional 134 shares in the last quarter. Capital Wealth Management LLC increased its stake in shares of iShares Convertible Bond ETF by 0.4% in the first quarter. Capital Wealth Management LLC now owns 37,677 shares of the company’s stock worth $3,150,000 after acquiring an additional 147 shares during the last quarter. Finally, Csenge Advisory Group increased its stake in shares of iShares Convertible Bond ETF by 4.3% in the first quarter. Csenge Advisory Group now owns 3,593 shares of the company’s stock worth $293,000 after acquiring an additional 148 shares during the last quarter.

iShares Convertible Bond ETF Trading Up 13.1%

Shares of BATS:ICVT opened at $96.25 on Thursday. The business has a fifty day simple moving average of $92.75 and a 200 day simple moving average of $88.00. iShares Convertible Bond ETF has a 1 year low of $75.97 and a 1 year high of $93.29.

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.