Centaurus Financial Inc. Makes New $299,000 Investment in iShares Convertible Bond ETF (BATS:ICVT)

Centaurus Financial Inc. bought a new position in shares of iShares Convertible Bond ETF (BATS:ICVT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,574 shares of the company’s stock, valued at approximately $299,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its holdings in iShares Convertible Bond ETF by 14.5% in the second quarter. Envestnet Asset Management Inc. now owns 1,094,735 shares of the company’s stock valued at $86,079,000 after purchasing an additional 138,493 shares during the period. Susquehanna International Group LLP purchased a new position in iShares Convertible Bond ETF in the second quarter valued at $80,458,000. 1832 Asset Management L.P. boosted its holdings in 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 purchasing an additional 452,039 shares during the period. LPL Financial LLC boosted its holdings in iShares Convertible Bond ETF by 8.4% in the second quarter. LPL Financial LLC now owns 503,155 shares of the company’s stock valued at $39,563,000 after purchasing an additional 38,791 shares during the period. Finally, AMG National Trust Bank boosted its holdings in iShares Convertible Bond ETF by 7.7% in the second quarter. AMG National Trust Bank now owns 484,267 shares of the company’s stock valued at $38,078,000 after purchasing an additional 34,749 shares during the period.

iShares Convertible Bond ETF Trading Up 0.5 %

BATS:ICVT opened at $89.07 on Thursday. The stock has a fifty day moving average price of $84.76 and a 200 day moving average price of $81.25. 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 issued 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.