Keystone Financial Services Boosts Stake in iShares Convertible Bond ETF (BATS:ICVT)

Keystone Financial Services grew its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 5.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,226 shares of the company’s stock after acquiring an additional 170 shares during the quarter. Keystone Financial Services’ holdings in iShares Convertible Bond ETF were worth $274,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Creative Planning increased its position in iShares Convertible Bond ETF by 12.3% during the 3rd quarter. Creative Planning now owns 3,325 shares of the company’s stock worth $278,000 after purchasing an additional 363 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its stake in iShares Convertible Bond ETF by 23.4% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 4,033 shares of the company’s stock worth $343,000 after buying an additional 766 shares during the period. SG Americas Securities LLC acquired a new stake in shares of iShares Convertible Bond ETF in the fourth quarter worth $544,000. JPMorgan Chase & Co. raised its stake in shares of iShares Convertible Bond ETF by 32.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 228,239 shares of the company’s stock valued at $19,097,000 after acquiring an additional 56,149 shares during the period. Finally, Private Advisor Group LLC raised its stake in shares of iShares Convertible Bond ETF by 3.9% in the 3rd quarter. Private Advisor Group LLC now owns 31,568 shares of the company’s stock valued at $2,641,000 after acquiring an additional 1,199 shares during the period.

iShares Convertible Bond ETF Stock Up 4.4 %

Shares of iShares Convertible Bond ETF stock opened at $88.84 on Monday. iShares Convertible Bond ETF has a twelve month low of $50.43 and a twelve month high of $58.18. The company has a fifty day moving average price of $86.99 and a 200 day moving average price of $84.65.

iShares Convertible Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.1406 dividend. The ex-dividend date was Monday, February 3rd.

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.