iShares Convertible Bond ETF (BATS:ICVT) Shares Purchased by SSI Investment Management LLC

SSI Investment Management LLC increased its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 20.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 76,075 shares of the company’s stock after acquiring an additional 12,656 shares during the period. SSI Investment Management LLC owned about 0.31% of iShares Convertible Bond ETF worth $6,365,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in ICVT. EverSource Wealth Advisors LLC raised its holdings in shares of iShares Convertible Bond ETF by 210.6% during the second quarter. EverSource Wealth Advisors LLC now owns 323 shares of the company’s stock valued at $26,000 after acquiring an additional 219 shares during the last quarter. LRI Investments LLC purchased a new position in iShares Convertible Bond ETF during the first quarter worth about $29,000. LGT Financial Advisors LLC boosted its position in shares of iShares Convertible Bond ETF by 336.1% during the 2nd quarter. LGT Financial Advisors LLC now owns 362 shares of the company’s stock worth $29,000 after purchasing an additional 279 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of iShares Convertible Bond ETF in the second quarter valued at $33,000. Finally, Mattson Financial Services LLC acquired a new position in iShares Convertible Bond ETF in the 2nd quarter valued at about $61,000.

iShares Convertible Bond ETF Stock Up 0.4 %

Shares of ICVT opened at $87.63 on Thursday. iShares Convertible Bond ETF has a fifty-two week low of $50.43 and a fifty-two week high of $58.18. The firm’s 50 day moving average price is $84.18 and its 200 day moving average price is $80.94.

iShares Convertible Bond ETF Cuts Dividend

The business also recently declared 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.

iShares Convertible Bond ETF 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.