iShares Convertible Bond ETF (BATS:ICVT) Shares Bought by Front Row Advisors LLC

Front Row Advisors LLC lifted its position in iShares Convertible Bond ETF (BATS:ICVT) by 12.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,952 shares of the company’s stock after buying an additional 338 shares during the quarter. Front Row Advisors LLC’s holdings in iShares Convertible Bond ETF were worth $251,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in ICVT. Hennion & Walsh Asset Management Inc. grew its stake in shares of iShares Convertible Bond ETF by 23.4% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 4,033 shares of the company’s stock worth $343,000 after purchasing an additional 766 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of iShares Convertible Bond ETF in the 4th quarter valued at $544,000. Truist Financial Corp lifted its holdings in shares of iShares Convertible Bond ETF by 11.0% in the 4th quarter. Truist Financial Corp now owns 43,458 shares of the company’s stock valued at $3,693,000 after purchasing an additional 4,300 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in iShares Convertible Bond ETF by 32.6% in the third quarter. JPMorgan Chase & Co. now owns 228,239 shares of the company’s stock valued at $19,097,000 after buying an additional 56,149 shares during the last quarter. Finally, Centerline Wealth Advisors LLC purchased a new position in iShares Convertible Bond ETF during the 4th quarter worth $5,511,000.

iShares Convertible Bond ETF Stock Down 1.7 %

ICVT opened at $83.67 on Tuesday. The business has a 50 day moving average price of $86.43 and a two-hundred day moving average price of $85.90. iShares Convertible Bond ETF has a 52 week low of $75.97 and a 52 week high of $89.71.

iShares Convertible Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.1466 per share. The ex-dividend date was Monday, March 3rd. This is an increase from iShares Convertible Bond ETF’s previous dividend of $0.14.

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.