Ameritas Advisory Services LLC Acquires Shares of 45,447 iShares Convertible Bond ETF (BATS:ICVT)

Ameritas Advisory Services LLC bought a new position in shares of iShares Convertible Bond ETF (BATS:ICVT) during the third quarter, Holdings Channel.com reports. The fund bought 45,447 shares of the company’s stock, valued at approximately $3,803,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Susquehanna International Group LLP purchased a new position in iShares Convertible Bond ETF during the 2nd quarter worth approximately $80,458,000. 1832 Asset Management L.P. boosted its holdings in shares of iShares Convertible Bond ETF by 162.9% in the second quarter. 1832 Asset Management L.P. now owns 729,587 shares of the company’s stock valued at $57,367,000 after acquiring an additional 452,039 shares during the period. Certified Advisory Corp purchased a new position in shares of iShares Convertible Bond ETF during the second quarter worth approximately $12,818,000. Envestnet Asset Management Inc. increased its holdings in shares of iShares Convertible Bond ETF by 14.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,094,735 shares of the company’s stock valued at $86,079,000 after acquiring an additional 138,493 shares during the period. Finally, Lebenthal Global Advisors LLC purchased a new stake in iShares Convertible Bond ETF in the 2nd quarter valued at $9,264,000.

iShares Convertible Bond ETF Trading Up 0.9 %

Shares of BATS:ICVT opened at $84.68 on Wednesday. iShares Convertible Bond ETF has a 1-year low of $50.43 and a 1-year high of $58.18. The firm has a fifty day moving average price of $82.84 and a 200 day moving average price of $80.25.

iShares Convertible Bond ETF Cuts Dividend

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