Bigelow Investment Advisors LLC Sells 959 Shares of iShares Convertible Bond ETF (BATS:ICVT)

Bigelow Investment Advisors LLC cut its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 21.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,532 shares of the company’s stock after selling 959 shares during the period. Bigelow Investment Advisors LLC’s holdings in iShares Convertible Bond ETF were worth $300,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in ICVT. PSI Advisors LLC acquired a new position in iShares Convertible Bond ETF during the 4th quarter valued at $29,000. Spire Wealth Management raised its position in shares of iShares Convertible Bond ETF by 56.9% during the fourth quarter. Spire Wealth Management now owns 452 shares of the company’s stock valued at $38,000 after buying an additional 164 shares during the last quarter. LGT Financial Advisors LLC lifted its stake in shares of iShares Convertible Bond ETF by 45.3% in the third quarter. LGT Financial Advisors LLC now owns 526 shares of the company’s stock valued at $44,000 after buying an additional 164 shares during the period. Endeavor Private Wealth Inc. bought a new stake in shares of iShares Convertible Bond ETF in the fourth quarter valued at about $45,000. Finally, Elevation Wealth Partners LLC grew its position in iShares Convertible Bond ETF by 42.6% during the fourth quarter. Elevation Wealth Partners LLC now owns 897 shares of the company’s stock worth $76,000 after buying an additional 268 shares in the last quarter.

iShares Convertible Bond ETF Trading Up 4.8 %

Shares of ICVT stock opened at $89.24 on Wednesday. iShares Convertible Bond ETF has a 12 month low of $50.43 and a 12 month high of $58.18. The stock has a 50 day moving average of $86.99 and a two-hundred day moving average of $84.72.

iShares Convertible Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.1406 per share. The ex-dividend date was Monday, February 3rd.

iShares Convertible Bond ETF Company 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.