Braun Bostich & Associates Inc. Boosts Stock Position in iShares Convertible Bond ETF (BATS:ICVT)

Braun Bostich & Associates Inc. grew its position in iShares Convertible Bond ETF (BATS:ICVT) by 3.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,198 shares of the company’s stock after purchasing an additional 155 shares during the period. Braun Bostich & Associates Inc.’s holdings in iShares Convertible Bond ETF were worth $351,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Advisors Preferred LLC acquired a new position in iShares Convertible Bond ETF during the first quarter valued at $26,000. EverSource Wealth Advisors LLC raised its stake in shares of iShares Convertible Bond ETF by 210.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 323 shares of the company’s stock valued at $26,000 after buying an additional 219 shares during the last quarter. LRI Investments LLC acquired a new position in shares of iShares Convertible Bond ETF in the 1st quarter valued at about $29,000. LGT Financial Advisors LLC boosted its stake 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 during the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in iShares Convertible Bond ETF during the second quarter worth about $33,000.

iShares Convertible Bond ETF Trading Down 0.1 %

Shares of ICVT stock opened at $84.38 on Wednesday. iShares Convertible Bond ETF has a twelve month low of $50.43 and a twelve month high of $58.18. The stock has a 50 day moving average of $81.35 and a 200 day moving average of $79.54.

iShares Convertible Bond ETF Cuts Dividend

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

About iShares Convertible Bond ETF

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.