Stone House Investment Management LLC Purchases 397 Shares of iShares Convertible Bond ETF (BATS:ICVT)

Stone House Investment Management LLC boosted its position in iShares Convertible Bond ETF (BATS:ICVT) by 11.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,985 shares of the company’s stock after acquiring an additional 397 shares during the period. Stone House Investment Management LLC’s holdings in iShares Convertible Bond ETF were worth $333,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Advisors Asset Management Inc. lifted its holdings in shares of iShares Convertible Bond ETF by 4.7% in the first quarter. Advisors Asset Management Inc. now owns 6,267 shares of the company’s stock valued at $500,000 after purchasing an additional 279 shares in the last quarter. Tidal Investments LLC lifted its holdings in shares of iShares Convertible Bond ETF by 24.5% in the first quarter. Tidal Investments LLC now owns 23,610 shares of the company’s stock valued at $1,885,000 after purchasing an additional 4,644 shares in the last quarter. Comerica Bank lifted its holdings in shares of iShares Convertible Bond ETF by 379.2% in the first quarter. Comerica Bank now owns 11,180 shares of the company’s stock valued at $892,000 after purchasing an additional 8,847 shares in the last quarter. Adams Wealth Management lifted its holdings in shares of iShares Convertible Bond ETF by 15.1% in the first quarter. Adams Wealth Management now owns 142,864 shares of the company’s stock valued at $11,405,000 after purchasing an additional 18,792 shares in the last quarter. Finally, LRI Investments LLC bought a new position in shares of iShares Convertible Bond ETF in the first quarter valued at approximately $30,000.

iShares Convertible Bond ETF Stock Performance

iShares Convertible Bond ETF stock traded down $0.34 during mid-day trading on Wednesday, reaching $88.63. 153,227 shares of the company’s stock were exchanged. The business’s fifty day simple moving average is $84.76 and its 200 day simple moving average is $81.25. iShares Convertible Bond ETF has a one year low of $50.43 and a one year high of $58.18.

iShares Convertible Bond ETF Cuts Dividend

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