Stone House Investment Management LLC Has $427,000 Holdings in iShares Convertible Bond ETF (BATS:ICVT)

Stone House Investment Management LLC boosted its stake in iShares Convertible Bond ETF (BATS:ICVT) by 26.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 5,021 shares of the company’s stock after buying an additional 1,036 shares during the period. Stone House Investment Management LLC’s holdings in iShares Convertible Bond ETF were worth $427,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Wells Financial Advisors INC acquired a new position in shares of iShares Convertible Bond ETF in the 4th quarter worth approximately $26,000. PSI Advisors LLC acquired a new position in iShares Convertible Bond ETF in the fourth quarter valued at $29,000. Spire Wealth Management boosted its position in iShares Convertible Bond ETF by 56.9% during the fourth quarter. Spire Wealth Management now owns 452 shares of the company’s stock valued at $38,000 after acquiring an additional 164 shares during the last quarter. Endeavor Private Wealth Inc. acquired a new stake in iShares Convertible Bond ETF during the 4th quarter worth about $45,000. Finally, Franklin Resources Inc. bought a new position in shares of iShares Convertible Bond ETF in the 4th quarter worth about $62,000.

iShares Convertible Bond ETF Price Performance

Shares of BATS:ICVT opened at $80.95 on Monday. The business’s 50-day moving average is $85.00 and its 200-day moving average is $85.74. iShares Convertible Bond ETF has a 1 year low of $75.97 and a 1 year high of $89.71.

iShares Convertible Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1466 per share. This is an increase from iShares Convertible Bond ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Monday, March 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.