Certified Advisory Corp Buys 3,509 Shares of iShares Convertible Bond ETF (BATS:ICVT)

Certified Advisory Corp boosted its position in iShares Convertible Bond ETF (BATS:ICVT) by 2.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 166,529 shares of the company’s stock after purchasing an additional 3,509 shares during the period. iShares Convertible Bond ETF comprises approximately 1.5% of Certified Advisory Corp’s portfolio, making the stock its 13th biggest holding. Certified Advisory Corp owned 0.69% of iShares Convertible Bond ETF worth $13,934,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. EverSource Wealth Advisors LLC increased its stake in shares of iShares Convertible Bond ETF by 210.6% in the second quarter. EverSource Wealth Advisors LLC now owns 323 shares of the company’s stock worth $26,000 after purchasing an additional 219 shares in the last quarter. LRI Investments LLC bought a new position in iShares Convertible Bond ETF in the 1st quarter worth approximately $29,000. LGT Financial Advisors LLC grew its stake in iShares Convertible Bond ETF by 336.1% in the 2nd quarter. LGT Financial Advisors LLC now owns 362 shares of the company’s stock valued at $29,000 after buying an additional 279 shares in the last quarter. International Assets Investment Management LLC bought a new stake in iShares Convertible Bond ETF during the 2nd quarter valued at $33,000. Finally, Mattson Financial Services LLC purchased a new stake in shares of iShares Convertible Bond ETF during the second quarter worth $61,000.

iShares Convertible Bond ETF Stock Up 0.7 %

iShares Convertible Bond ETF stock opened at $88.57 on Friday. iShares Convertible Bond ETF has a one year low of $50.43 and a one year high of $58.18. The business has a fifty day moving average price of $84.33 and a 200-day moving average price of $80.99.

iShares Convertible Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.1528 dividend. The ex-dividend date 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.