iShares Convertible Bond ETF (BATS:ICVT) Holdings Lowered by Econ Financial Services Corp

Econ Financial Services Corp lowered its stake in iShares Convertible Bond ETF (BATS:ICVT) by 43.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,059 shares of the company’s stock after selling 10,626 shares during the quarter. Econ Financial Services Corp owned approximately 0.06% of iShares Convertible Bond ETF worth $1,122,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Advisors Preferred LLC acquired a new position in iShares Convertible Bond ETF in the first quarter worth approximately $26,000. LRI Investments LLC bought a new position in shares of iShares Convertible Bond ETF in the 1st quarter valued at approximately $29,000. Blue Trust Inc. lifted its holdings in iShares Convertible Bond ETF by 91.0% in the 4th quarter. Blue Trust Inc. now owns 466 shares of the company’s stock worth $34,000 after purchasing an additional 222 shares during the last quarter. AdvisorNet Financial Inc boosted its position in iShares Convertible Bond ETF by 122.0% during the fourth quarter. AdvisorNet Financial Inc now owns 606 shares of the company’s stock worth $48,000 after purchasing an additional 333 shares during the period. Finally, Banque Cantonale Vaudoise lifted its stake in shares of iShares Convertible Bond ETF by 34.0% in the first quarter. Banque Cantonale Vaudoise now owns 670 shares of the company’s stock worth $53,000 after buying an additional 170 shares during the last quarter.

iShares Convertible Bond ETF Price Performance

Shares of BATS ICVT traded up $0.20 during trading hours on Monday, hitting $79.94. 1,089,499 shares of the stock were exchanged. iShares Convertible Bond ETF has a one year low of $50.43 and a one year high of $58.18. The company’s 50 day moving average is $78.90 and its 200 day moving average is $78.39.

iShares Convertible Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were paid a $0.1563 dividend. The ex-dividend date of this dividend was Monday, July 1st. This is a positive change from iShares Convertible Bond ETF’s previous dividend of $0.15.

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.