iShares Convertible Bond ETF (BATS:ICVT) Holdings Lifted by Private Advisor Group LLC

Private Advisor Group LLC increased its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 3.9% during the third quarter, Holdings Channel reports. The firm owned 31,568 shares of the company’s stock after purchasing an additional 1,199 shares during the period. Private Advisor Group LLC’s holdings in iShares Convertible Bond ETF were worth $2,641,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Stokes Family Office LLC grew its stake in iShares Convertible Bond ETF by 3.8% in the second quarter. Stokes Family Office LLC now owns 3,808 shares of the company’s stock valued at $299,000 after purchasing an additional 141 shares in the last quarter. Austin Private Wealth LLC boosted its position in iShares Convertible Bond ETF by 2.7% during the second quarter. Austin Private Wealth LLC now owns 5,693 shares of the company’s stock worth $448,000 after purchasing an additional 152 shares during the period. Horst & Graben Wealth Management LLC grew its holdings in iShares Convertible Bond ETF by 1.3% during the second quarter. Horst & Graben Wealth Management LLC now owns 11,977 shares of the company’s stock valued at $942,000 after purchasing an additional 153 shares during the last quarter. Braun Bostich & Associates Inc. lifted its stake in shares of iShares Convertible Bond ETF by 3.8% in the third quarter. Braun Bostich & Associates Inc. now owns 4,198 shares of the company’s stock worth $351,000 after buying an additional 155 shares during the last quarter. Finally, Capital Wealth Management LLC boosted its holdings in shares of iShares Convertible Bond ETF by 0.4% during the 3rd quarter. Capital Wealth Management LLC now owns 40,021 shares of the company’s stock worth $3,349,000 after buying an additional 171 shares during the period.

iShares Convertible Bond ETF Trading Up 0.7 %

Shares of ICVT opened at $84.97 on Tuesday. iShares Convertible Bond ETF has a one year low of $50.43 and a one year high of $58.18. The company’s fifty day moving average price is $82.43 and its 200 day moving average price is $79.93.

iShares Convertible Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.1528 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

iShares Convertible Bond ETF 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.