Millington Financial Advisors LLC Purchases 678 Shares of iShares Convertible Bond ETF (BATS:ICVT)

Millington Financial Advisors LLC increased its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 8.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,878 shares of the company’s stock after acquiring an additional 678 shares during the period. Millington Financial Advisors LLC’s holdings in iShares Convertible Bond ETF were worth $775,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Greenleaf Trust boosted its position in shares of iShares Convertible Bond ETF by 2.7% during the 4th quarter. Greenleaf Trust now owns 430,412 shares of the company’s stock valued at $36,572,000 after acquiring an additional 11,363 shares during the last quarter. Lebenthal Global Advisors LLC raised its stake in iShares Convertible Bond ETF by 83.6% in the fourth quarter. Lebenthal Global Advisors LLC now owns 418,271 shares of the company’s stock valued at $35,540,000 after purchasing an additional 190,400 shares in the last quarter. Ocean Park Asset Management LLC raised its stake in iShares Convertible Bond ETF by 32.8% in the fourth quarter. Ocean Park Asset Management LLC now owns 356,700 shares of the company’s stock valued at $30,309,000 after purchasing an additional 88,100 shares in the last quarter. Howard Capital Management Inc. lifted its position in iShares Convertible Bond ETF by 5.2% during the fourth quarter. Howard Capital Management Inc. now owns 337,900 shares of the company’s stock valued at $28,711,000 after purchasing an additional 16,800 shares during the last quarter. Finally, Assetmark Inc. grew its stake in iShares Convertible Bond ETF by 150.4% in the 3rd quarter. Assetmark Inc. now owns 254,643 shares of the company’s stock worth $21,306,000 after buying an additional 152,939 shares in the last quarter.

iShares Convertible Bond ETF Price Performance

Shares of BATS:ICVT opened at $86.63 on Tuesday. The company’s fifty day moving average price is $86.96 and its 200-day moving average price is $85.08. iShares Convertible Bond ETF has a one year low of $50.43 and a one year high of $58.18.

iShares Convertible Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.1406 dividend. The ex-dividend date was Monday, February 3rd.

About iShares Convertible Bond ETF

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.