Synergy Asset Management LLC Purchases 360 Shares of iShares Convertible Bond ETF (BATS:ICVT)

Synergy Asset Management LLC increased its position in iShares Convertible Bond ETF (BATS:ICVT) by 11.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,449 shares of the company’s stock after acquiring an additional 360 shares during the period. Synergy Asset Management LLC’s holdings in iShares Convertible Bond ETF were worth $271,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Stokes Family Office LLC raised its stake in iShares Convertible Bond ETF by 3.8% during the 2nd quarter. Stokes Family Office LLC now owns 3,808 shares of the company’s stock valued at $299,000 after buying an additional 141 shares during the last quarter. Windsor Capital Management LLC increased its position in iShares Convertible Bond ETF by 1.5% during the first quarter. Windsor Capital Management LLC now owns 9,691 shares of the company’s stock valued at $774,000 after acquiring an additional 147 shares during the last quarter. Austin Private Wealth LLC increased its position in iShares Convertible Bond ETF by 2.7% during the second quarter. Austin Private Wealth LLC now owns 5,693 shares of the company’s stock valued at $448,000 after acquiring an additional 152 shares during the last quarter. Horst & Graben Wealth Management LLC lifted its holdings in iShares Convertible Bond ETF by 1.3% in the second quarter. Horst & Graben Wealth Management LLC now owns 11,977 shares of the company’s stock valued at $942,000 after acquiring an additional 153 shares during the period. Finally, O ROURKE & COMPANY Inc boosted its position in iShares Convertible Bond ETF by 3.5% in the first quarter. O ROURKE & COMPANY Inc now owns 4,664 shares of the company’s stock worth $372,000 after purchasing an additional 156 shares during the last quarter.

iShares Convertible Bond ETF Trading Up 0.2 %

Shares of iShares Convertible Bond ETF stock traded up $0.13 during trading hours on Friday, reaching $80.22. 120,764 shares of the stock traded hands. iShares Convertible Bond ETF has a one year low of $50.43 and a one year high of $58.18. The company has a 50 day moving average price of $79.70 and a 200 day moving average price of $78.79.

iShares Convertible Bond ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, September 6th. Investors of record on Tuesday, September 3rd will be paid a $0.1528 dividend. The ex-dividend date is Tuesday, September 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.