iShares Convertible Bond ETF (BATS:ICVT) Shares Bought by BOS Asset Management LLC

BOS Asset Management LLC lifted its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 68.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,191 shares of the company’s stock after acquiring an additional 2,106 shares during the quarter. BOS Asset Management LLC’s holdings in iShares Convertible Bond ETF were worth $441,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wells Financial Advisors INC purchased a new stake in iShares Convertible Bond ETF in the 4th quarter valued at approximately $26,000. PSI Advisors LLC purchased a new stake in shares of iShares Convertible Bond ETF in the fourth quarter valued at approximately $29,000. Spire Wealth Management grew its holdings in iShares Convertible Bond ETF by 56.9% during the fourth quarter. Spire Wealth Management now owns 452 shares of the company’s stock worth $38,000 after acquiring an additional 164 shares during the period. Endeavor Private Wealth Inc. purchased a new position in iShares Convertible Bond ETF in the fourth quarter worth $45,000. Finally, Franklin Resources Inc. purchased a new position in iShares Convertible Bond ETF in the fourth quarter worth $62,000.

iShares Convertible Bond ETF Stock Performance

Shares of BATS ICVT opened at $81.66 on Friday. The company’s fifty day moving average is $84.51 and its two-hundred day moving average is $85.68. iShares Convertible Bond ETF has a one year low of $75.97 and a one year high of $89.71.

iShares Convertible Bond ETF Increases Dividend

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