Global Retirement Partners LLC Grows Position in iShares Convertible Bond ETF (BATS:ICVT)

Global Retirement Partners LLC increased its position in iShares Convertible Bond ETF (BATS:ICVT) by 78.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,102 shares of the company’s stock after buying an additional 1,367 shares during the quarter. Global Retirement Partners LLC’s holdings in iShares Convertible Bond ETF were worth $264,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Creative Planning increased its position in shares of iShares Convertible Bond ETF by 12.3% in the third quarter. Creative Planning now owns 3,325 shares of the company’s stock valued at $278,000 after acquiring an additional 363 shares during the period. Hennion & Walsh Asset Management Inc. grew its position in shares of iShares Convertible Bond ETF by 23.4% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 4,033 shares of the company’s stock worth $343,000 after buying an additional 766 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of iShares Convertible Bond ETF during the fourth quarter valued at approximately $544,000. JPMorgan Chase & Co. raised its holdings in shares of iShares Convertible Bond ETF by 32.6% during the third quarter. JPMorgan Chase & Co. now owns 228,239 shares of the company’s stock valued at $19,097,000 after acquiring an additional 56,149 shares in the last quarter. Finally, Private Advisor Group LLC lifted its stake in iShares Convertible Bond ETF by 3.9% in the third quarter. Private Advisor Group LLC now owns 31,568 shares of the company’s stock worth $2,641,000 after acquiring an additional 1,199 shares during the period.

iShares Convertible Bond ETF Stock Up 1.8 %

BATS:ICVT opened at $86.63 on Tuesday. The company has a 50-day moving average price of $86.96 and a 200-day moving average price of $85.08. 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 business also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.1406 dividend. The ex-dividend date was Monday, February 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.