iShares Convertible Bond ETF (BATS:ICVT) Holdings Lifted by Stokes Family Office LLC

Stokes Family Office LLC raised its position in iShares Convertible Bond ETF (BATS:ICVT) by 116.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,148 shares of the company’s stock after purchasing an additional 4,928 shares during the quarter. Stokes Family Office LLC’s holdings in iShares Convertible Bond ETF were worth $777,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. PSI Advisors LLC acquired a new position in iShares Convertible Bond ETF in the 4th quarter valued at approximately $29,000. Spire Wealth Management lifted its holdings in iShares Convertible Bond ETF by 56.9% during the 4th quarter. Spire Wealth Management now owns 452 shares of the company’s stock worth $38,000 after buying an additional 164 shares in the last quarter. Endeavor Private Wealth Inc. bought a new position in iShares Convertible Bond ETF during the 4th quarter worth approximately $45,000. Elevation Wealth Partners LLC grew its holdings 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 valued at $76,000 after purchasing an additional 268 shares during the period. Finally, Golden State Wealth Management LLC acquired a new position in shares of iShares Convertible Bond ETF in the fourth quarter valued at approximately $118,000.

iShares Convertible Bond ETF Price Performance

Shares of ICVT stock opened at $84.67 on Wednesday. The company’s fifty day simple moving average is $86.57 and its 200-day simple moving average is $85.60. iShares Convertible Bond ETF has a 12 month low of $75.97 and a 12 month high of $89.71.

iShares Convertible Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.1466 dividend. This is an increase from iShares Convertible Bond ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Monday, March 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.