True Vision MN LLC Boosts Stock Position in iShares Convertible Bond ETF (BATS:ICVT)

True Vision MN LLC grew its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 15.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,125 shares of the company’s stock after acquiring an additional 539 shares during the period. True Vision MN LLC’s holdings in iShares Convertible Bond ETF were worth $324,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in ICVT. Advisors Preferred LLC purchased a new stake in shares of iShares Convertible Bond ETF in the first quarter worth $26,000. LRI Investments LLC purchased a new stake in shares of iShares Convertible Bond ETF in the first quarter worth $29,000. LGT Financial Advisors LLC raised its position in shares of iShares Convertible Bond ETF by 336.1% in the second quarter. LGT Financial Advisors LLC now owns 362 shares of the company’s stock worth $29,000 after buying an additional 279 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of iShares Convertible Bond ETF in the second quarter worth $33,000. Finally, Banque Cantonale Vaudoise raised its position 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 in the last quarter.

iShares Convertible Bond ETF Trading Up 0.3 %

Shares of ICVT stock opened at $81.81 on Wednesday. iShares Convertible Bond ETF has a 52-week low of $50.43 and a 52-week high of $58.18. The business’s fifty day moving average is $80.02 and its 200 day moving average is $78.96.

iShares Convertible Bond ETF Cuts Dividend

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