RHS Financial LLC Invests $351,000 in iShares Convertible Bond ETF $ICVT

RHS Financial LLC acquired a new position in iShares Convertible Bond ETF (BATS:ICVT) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,899 shares of the company’s stock, valued at approximately $351,000.

Several other large investors have also recently made changes to their positions in ICVT. Columbia River Financial Group LLC acquired a new position in shares of iShares Convertible Bond ETF in the 1st quarter worth approximately $29,000. Wealth Preservation Advisors LLC acquired a new position in shares of iShares Convertible Bond ETF in the 1st quarter worth approximately $29,000. Cape Investment Advisory Inc. lifted its holdings in shares of iShares Convertible Bond ETF by 171.0% in the 1st quarter. Cape Investment Advisory Inc. now owns 355 shares of the company’s stock worth $30,000 after acquiring an additional 224 shares during the last quarter. Anderson Financial Strategies LLC acquired a new position in shares of iShares Convertible Bond ETF in the 1st quarter worth approximately $39,000. Finally, Abound Wealth Management acquired a new position in shares of iShares Convertible Bond ETF in the 1st quarter worth approximately $42,000.

iShares Convertible Bond ETF Trading Up 17.9%

iShares Convertible Bond ETF stock opened at $100.40 on Monday. iShares Convertible Bond ETF has a 52-week low of $75.97 and a 52-week high of $93.29. The company’s 50 day moving average is $96.32 and its two-hundred day moving average is $90.25.

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.