Stokes Family Office LLC Buys Shares of 3,667 iShares Convertible Bond ETF (BATS:ICVT)

Stokes Family Office LLC bought a new stake in iShares Convertible Bond ETF (BATS:ICVT) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 3,667 shares of the company’s stock, valued at approximately $293,000.

A number of other institutional investors have also made changes to their positions in ICVT. Assetmark Inc. increased its holdings in shares of iShares Convertible Bond ETF by 293.8% in the 4th quarter. Assetmark Inc. now owns 1,562,320 shares of the company’s stock valued at $122,783,000 after acquiring an additional 1,165,563 shares during the last quarter. Greenleaf Trust bought a new position in iShares Convertible Bond ETF during the 4th quarter worth $23,198,000. 1832 Asset Management L.P. bought a new position in iShares Convertible Bond ETF during the 4th quarter worth $22,354,000. Tradewinds Capital Management LLC grew its stake in iShares Convertible Bond ETF by 5,430.7% during the 1st quarter. Tradewinds Capital Management LLC now owns 231,848 shares of the company’s stock worth $18,508,000 after buying an additional 227,656 shares during the last quarter. Finally, Scarborough Advisors LLC bought a new position in iShares Convertible Bond ETF during the 4th quarter worth $15,394,000.

iShares Convertible Bond ETF Price Performance

ICVT traded up $0.51 during trading on Friday, reaching $80.19. 98,490 shares of the company were exchanged. The firm has a 50 day moving average of $78.58 and a 200 day moving average of $78.21. 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 disclosed a dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were paid a dividend of $0.1563 per share. This is an increase from iShares Convertible Bond ETF’s previous dividend of $0.15. The ex-dividend date of this dividend 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.