J.W. Cole Advisors Inc. Purchases 1,643 Shares of iShares Convertible Bond ETF (BATS:ICVT)

J.W. Cole Advisors Inc. grew its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 23.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,602 shares of the company’s stock after acquiring an additional 1,643 shares during the period. J.W. Cole Advisors Inc.’s holdings in iShares Convertible Bond ETF were worth $676,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Spire Wealth Management raised its stake in shares of iShares Convertible Bond ETF by 2.1% during the third quarter. Spire Wealth Management now owns 6,987 shares of the company’s stock valued at $519,000 after acquiring an additional 143 shares during the last quarter. Aspire Wealth Management Corp raised its stake in shares of iShares Convertible Bond ETF by 0.4% during the fourth quarter. Aspire Wealth Management Corp now owns 37,178 shares of the company’s stock valued at $2,922,000 after acquiring an additional 157 shares during the last quarter. Cary Street Partners Investment Advisory LLC raised its stake in shares of iShares Convertible Bond ETF by 100.0% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 348 shares of the company’s stock valued at $26,000 after acquiring an additional 174 shares during the last quarter. Harbor Investment Advisory LLC raised its stake in shares of iShares Convertible Bond ETF by 10.2% during the fourth quarter. Harbor Investment Advisory LLC now owns 1,984 shares of the company’s stock valued at $156,000 after acquiring an additional 184 shares during the last quarter. Finally, Blue Trust Inc. raised its stake in shares of iShares Convertible Bond ETF by 91.0% during the fourth quarter. Blue Trust Inc. now owns 466 shares of the company’s stock valued at $34,000 after acquiring an additional 222 shares during the last quarter.

iShares Convertible Bond ETF Price Performance

ICVT stock opened at $76.55 on Tuesday. iShares Convertible Bond ETF has a 1 year low of $50.43 and a 1 year high of $58.18. The firm has a 50-day moving average of $78.34 and a 200 day moving average of $76.39.

iShares Convertible Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a $0.1346 dividend. This is an increase from iShares Convertible Bond ETF’s previous dividend of $0.12. The ex-dividend date was Monday, April 1st.

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.