Wetzel Investment Advisors Inc. Sells 333 Shares of iShares Convertible Bond ETF (BATS:ICVT)

Wetzel Investment Advisors Inc. trimmed its position in iShares Convertible Bond ETF (BATS:ICVT) by 0.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 47,013 shares of the company’s stock after selling 333 shares during the quarter. iShares Convertible Bond ETF accounts for 2.0% of Wetzel Investment Advisors Inc.’s holdings, making the stock its 15th largest holding. Wetzel Investment Advisors Inc. owned 0.19% of iShares Convertible Bond ETF worth $3,934,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in ICVT. Stokes Family Office LLC lifted its stake in iShares Convertible Bond ETF by 3.8% in the 2nd quarter. Stokes Family Office LLC now owns 3,808 shares of the company’s stock valued at $299,000 after purchasing an additional 141 shares during the last quarter. Austin Private Wealth LLC lifted its stake in shares of iShares Convertible Bond ETF by 2.7% in the 2nd 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 boosted its holdings in shares of iShares Convertible Bond ETF by 1.3% during the 2nd 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 in the last quarter. Braun Bostich & Associates Inc. grew its position in iShares Convertible Bond ETF by 3.8% during the 3rd quarter. Braun Bostich & Associates Inc. now owns 4,198 shares of the company’s stock worth $351,000 after acquiring an additional 155 shares during the last quarter. Finally, Capital Wealth Management LLC increased its holdings in iShares Convertible Bond ETF by 0.4% in the 3rd quarter. Capital Wealth Management LLC now owns 40,021 shares of the company’s stock worth $3,349,000 after purchasing an additional 171 shares in the last quarter.

iShares Convertible Bond ETF Trading Down 0.0 %

iShares Convertible Bond ETF stock opened at $83.78 on Monday. The stock has a 50-day moving average price of $82.72 and a two-hundred day moving average price of $80.13. 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 disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.1528 dividend. The ex-dividend date of this dividend was 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.