iShares Convertible Bond ETF (BATS:ICVT) Shares Sold by VitalStone Financial LLC

VitalStone Financial LLC lowered its stake in iShares Convertible Bond ETF (BATS:ICVT) by 83.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 741 shares of the company’s stock after selling 3,609 shares during the period. VitalStone Financial LLC’s holdings in iShares Convertible Bond ETF were worth $59,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of ICVT. Advisors Asset Management Inc. increased its holdings in shares of iShares Convertible Bond ETF by 4.9% in the 3rd quarter. Advisors Asset Management Inc. now owns 5,990 shares of the company’s stock valued at $445,000 after acquiring an additional 280 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its stake in iShares Convertible Bond ETF by 63.5% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 42,463 shares of the company’s stock worth $3,151,000 after buying an additional 16,491 shares during the last quarter. Aletheian Wealth Advisors LLC grew its stake in iShares Convertible Bond ETF by 4.0% during the 4th quarter. Aletheian Wealth Advisors LLC now owns 5,746 shares of the company’s stock worth $452,000 after buying an additional 223 shares during the last quarter. Ignite Planners LLC purchased a new position in shares of iShares Convertible Bond ETF in the 4th quarter valued at approximately $317,000. Finally, WBH Advisory Inc. purchased a new position in shares of iShares Convertible Bond ETF in the 4th quarter valued at approximately $292,000.

iShares Convertible Bond ETF Trading Up 0.8 %

Shares of ICVT stock traded up $0.67 during midday trading on Friday, hitting $79.68. The company had a trading volume of 632,174 shares. The company’s 50 day simple moving average is $78.54 and its 200 day simple moving average is $78.20. iShares Convertible Bond ETF has a 52-week low of $50.43 and a 52-week high of $58.18.

iShares Convertible Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were paid a $0.1563 dividend. This is an increase from iShares Convertible Bond ETF’s previous dividend of $0.15. The ex-dividend date was Monday, July 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.