iShares Convertible Bond ETF (BATS:ICVT) Shares Acquired by WealthShield Partners LLC

WealthShield Partners LLC raised its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 41.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,693 shares of the company’s stock after purchasing an additional 2,262 shares during the period. WealthShield Partners LLC’s holdings in iShares Convertible Bond ETF were worth $654,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of ICVT. Lebenthal Global Advisors LLC grew its stake in shares of iShares Convertible Bond ETF by 83.6% during the 4th quarter. Lebenthal Global Advisors LLC now owns 418,271 shares of the company’s stock valued at $35,540,000 after buying an additional 190,400 shares during the period. Assetmark Inc. grew its position in iShares Convertible Bond ETF by 150.4% during the third quarter. Assetmark Inc. now owns 254,643 shares of the company’s stock valued at $21,306,000 after acquiring an additional 152,939 shares during the period. Insight Wealth Strategies LLC acquired a new stake in iShares Convertible Bond ETF during the fourth quarter worth about $10,815,000. Redhawk Wealth Advisors Inc. purchased a new position in shares of iShares Convertible Bond ETF in the 4th quarter worth about $9,321,000. Finally, Ocean Park Asset Management LLC grew its holdings in shares of iShares Convertible Bond ETF by 32.8% during the 4th quarter. Ocean Park Asset Management LLC now owns 356,700 shares of the company’s stock worth $30,309,000 after purchasing an additional 88,100 shares during the period.

iShares Convertible Bond ETF Stock Performance

BATS ICVT opened at $86.63 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 50 day moving average price is $86.96 and its 200 day moving average price is $85.08.

iShares Convertible Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.1406 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

iShares Convertible Bond ETF Company 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.