iShares Convertible Bond ETF (BATS:ICVT) Sets New 12-Month High – Here’s What Happened

Shares of iShares Convertible Bond ETF (BATS:ICVT) hit a new 52-week high on Monday . The stock traded as high as $86.14 and last traded at $86.57, with a volume of 267841 shares. The stock had previously closed at $86.04.

iShares Convertible Bond ETF Stock Up 0.4 %

The stock’s fifty day simple moving average is $84.05 and its two-hundred day simple moving average is $80.90.

iShares Convertible Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.1528 dividend. The ex-dividend date was Tuesday, September 3rd.

Institutional Trading of iShares Convertible Bond ETF

Large investors have recently bought and sold shares of the company. Stokes Family Office LLC increased 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 worth $299,000 after buying an additional 141 shares during the period. Icon Wealth Advisors LLC grew its position in shares of iShares Convertible Bond ETF by 4.9% during the third quarter. Icon Wealth Advisors LLC now owns 3,048 shares of the company’s stock worth $255,000 after buying an additional 142 shares in the last quarter. Austin Private Wealth LLC increased its stake in shares of iShares Convertible Bond ETF by 2.7% in the second quarter. Austin Private Wealth LLC now owns 5,693 shares of the company’s stock worth $448,000 after buying an additional 152 shares during the last quarter. Horst & Graben Wealth Management LLC increased its stake in shares of 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 worth $942,000 after buying an additional 153 shares during the last quarter. Finally, Braun Bostich & Associates Inc. raised its holdings in iShares Convertible Bond ETF by 3.8% in the third quarter. Braun Bostich & Associates Inc. now owns 4,198 shares of the company’s stock valued at $351,000 after acquiring an additional 155 shares in the last quarter.

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.