KFG Wealth Management LLC Has $1.16 Million Position in iShares Convertible Bond ETF $ICVT

KFG Wealth Management LLC lessened its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT) by 35.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 11,613 shares of the company’s stock after selling 6,293 shares during the quarter. KFG Wealth Management LLC’s holdings in iShares Convertible Bond ETF were worth $1,162,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Front Row Advisors LLC increased its position in iShares Convertible Bond ETF by 4.1% in the 2nd quarter. Front Row Advisors LLC now owns 3,192 shares of the company’s stock worth $288,000 after buying an additional 125 shares during the period. Capital Analysts LLC boosted its position in shares of iShares Convertible Bond ETF by 3.0% in the first quarter. Capital Analysts LLC now owns 4,407 shares of the company’s stock valued at $369,000 after acquiring an additional 129 shares during the period. Barnes Wealth Management Group Inc grew its stake in shares of iShares Convertible Bond ETF by 4.3% in the first quarter. Barnes Wealth Management Group Inc now owns 3,283 shares of the company’s stock worth $274,000 after acquiring an additional 134 shares during the last quarter. Capital Wealth Management LLC grew its stake in shares of iShares Convertible Bond ETF by 0.4% in the second quarter. Capital Wealth Management LLC now owns 37,826 shares of the company’s stock worth $3,408,000 after acquiring an additional 149 shares during the last quarter. Finally, Global Financial Private Client LLC increased its position in iShares Convertible Bond ETF by 1.4% during the second quarter. Global Financial Private Client LLC now owns 11,566 shares of the company’s stock worth $1,042,000 after acquiring an additional 155 shares during the period.

iShares Convertible Bond ETF Price Performance

Shares of iShares Convertible Bond ETF stock opened at $98.35 on Wednesday. The firm has a fifty day moving average price of $100.65 and a two-hundred day moving average price of $95.77. iShares Convertible Bond ETF has a fifty-two week low of $75.97 and a fifty-two week 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.