US Bancorp DE Buys 327 Shares of iShares Convertible Bond ETF (BATS:ICVT)

US Bancorp DE raised its stake in iShares Convertible Bond ETF (BATS:ICVT) by 2.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,676 shares of the company’s stock after purchasing an additional 327 shares during the quarter. US Bancorp DE’s holdings in iShares Convertible Bond ETF were worth $1,395,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Susquehanna International Group LLP acquired a new stake in shares of iShares Convertible Bond ETF in the 2nd quarter valued at approximately $80,458,000. 1832 Asset Management L.P. lifted its stake in iShares Convertible Bond ETF by 162.9% in the second quarter. 1832 Asset Management L.P. now owns 729,587 shares of the company’s stock valued at $57,367,000 after acquiring an additional 452,039 shares during the last quarter. Certified Advisory Corp bought a new position in shares of iShares Convertible Bond ETF in the 2nd quarter valued at about $12,818,000. Envestnet Asset Management Inc. increased its stake in shares of iShares Convertible Bond ETF by 14.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,094,735 shares of the company’s stock worth $86,079,000 after purchasing an additional 138,493 shares during the last quarter. Finally, Lebenthal Global Advisors LLC bought a new stake in shares of iShares Convertible Bond ETF in the 2nd quarter valued at about $9,264,000.

iShares Convertible Bond ETF Trading Up 0.4 %

Shares of BATS:ICVT opened at $86.15 on Friday. iShares Convertible Bond ETF has a 52-week low of $50.43 and a 52-week high of $58.18. The company has a 50-day simple moving average of $83.04 and a 200 day simple moving average of $80.32.

iShares Convertible Bond ETF Cuts Dividend

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

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.