Certified Advisory Corp Raises Position in iShares Convertible Bond ETF (BATS:ICVT)

Certified Advisory Corp boosted its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT) by 2.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 166,529 shares of the company’s stock after buying an additional 3,509 shares during the period. iShares Convertible Bond ETF makes up about 1.5% of Certified Advisory Corp’s holdings, making the stock its 13th largest holding. Certified Advisory Corp’s holdings in iShares Convertible Bond ETF were worth $13,934,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ICVT. Icon Wealth Advisors LLC lifted its position in iShares Convertible Bond ETF by 52.7% during the third quarter. Icon Wealth Advisors LLC now owns 4,438 shares of the company’s stock valued at $410,000 after purchasing an additional 1,532 shares during the last quarter. CFS Investment Advisory Services LLC grew its position in iShares Convertible Bond ETF by 3.5% in the third quarter. CFS Investment Advisory Services LLC now owns 17,233 shares of the company’s stock worth $1,442,000 after acquiring an additional 583 shares in the last quarter. SSI Investment Management LLC increased its stake in iShares Convertible Bond ETF by 20.0% in the third quarter. SSI Investment Management LLC now owns 76,075 shares of the company’s stock valued at $6,365,000 after acquiring an additional 12,656 shares during the last quarter. First Horizon Advisors Inc. raised its position in iShares Convertible Bond ETF by 25.7% during the third quarter. First Horizon Advisors Inc. now owns 1,535 shares of the company’s stock valued at $129,000 after purchasing an additional 314 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its stake in iShares Convertible Bond ETF by 12.2% during the third quarter. Advisors Asset Management Inc. now owns 7,610 shares of the company’s stock worth $637,000 after purchasing an additional 827 shares during the last quarter.

iShares Convertible Bond ETF Trading Up 0.7 %

ICVT opened at $88.57 on Friday. The stock has a 50-day moving average price of $84.33 and a 200-day moving average price of $80.99. iShares Convertible Bond ETF has a 12-month low of $50.43 and a 12-month high of $58.18.

iShares Convertible Bond ETF Cuts Dividend

The firm also recently declared 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 of this dividend 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.