JB Capital LLC Reduces Holdings in iShares Convertible Bond ETF (BATS:ICVT)

JB Capital LLC trimmed its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 3.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,225 shares of the company’s stock after selling 215 shares during the quarter. JB Capital LLC’s holdings in iShares Convertible Bond ETF were worth $521,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. LGT Financial Advisors LLC lifted its position in shares of iShares Convertible Bond ETF by 45.3% during the third quarter. LGT Financial Advisors LLC now owns 526 shares of the company’s stock worth $44,000 after purchasing an additional 164 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of iShares Convertible Bond ETF during the third quarter worth $3,803,000. Alterna Wealth Management Inc. lifted its position in shares of iShares Convertible Bond ETF by 17.9% during the third quarter. Alterna Wealth Management Inc. now owns 4,256 shares of the company’s stock worth $356,000 after purchasing an additional 645 shares during the last quarter. Acute Investment Advisory LLC bought a new stake in shares of iShares Convertible Bond ETF during the third quarter worth $2,595,000. Finally, Janney Montgomery Scott LLC lifted its position in shares of iShares Convertible Bond ETF by 2.4% during the third quarter. Janney Montgomery Scott LLC now owns 41,381 shares of the company’s stock worth $3,462,000 after purchasing an additional 957 shares during the last quarter.

iShares Convertible Bond ETF Trading Up 0.4 %

BATS:ICVT opened at $86.15 on Friday. The stock has a fifty day simple moving average of $83.04 and a 200-day simple moving average of $80.32. iShares Convertible Bond ETF has a twelve month low of $50.43 and a twelve month high of $58.18.

iShares Convertible Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.1528 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.