iShares Convertible Bond ETF (BATS:ICVT) Declares Dividend Increase – $0.15 Per Share

iShares Convertible Bond ETF (BATS:ICVT) announced a dividend on Friday, February 28th, NASDAQ Dividends reports. Stockholders of record on Monday, March 3rd will be given a dividend of 0.1466 per share on Thursday, March 6th. The ex-dividend date is Monday, March 3rd. This is a positive change from iShares Convertible Bond ETF’s previous dividend of $0.14.

iShares Convertible Bond ETF Price Performance

Shares of ICVT stock traded up $1.22 during trading hours on Friday, reaching $86.35. The company had a trading volume of 338,203 shares. iShares Convertible Bond ETF has a twelve month low of $50.43 and a twelve month high of $58.18. The stock’s fifty day simple moving average is $86.91 and its 200 day simple moving average is $85.19.

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.