Ameritas Advisory Services LLC Takes $3.80 Million Position in iShares Convertible Bond ETF (BATS:ICVT)

Ameritas Advisory Services LLC acquired a new position in iShares Convertible Bond ETF (BATS:ICVT) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 45,447 shares of the company’s stock, valued at approximately $3,803,000. Ameritas Advisory Services LLC owned about 0.19% of iShares Convertible Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Advisors Preferred LLC acquired a new position in iShares Convertible Bond ETF in the 1st quarter valued at about $26,000. EverSource Wealth Advisors LLC grew its holdings 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 valued at $26,000 after purchasing an additional 219 shares in the last quarter. LGT Financial Advisors LLC increased its stake in iShares Convertible Bond ETF by 336.1% during the 2nd 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 period. LRI Investments LLC purchased a new stake in iShares Convertible Bond ETF during the 1st quarter worth approximately $29,000. Finally, International Assets Investment Management LLC acquired a new stake in iShares Convertible Bond ETF during the 2nd quarter worth approximately $33,000.

iShares Convertible Bond ETF Stock Performance

BATS:ICVT opened at $84.68 on Wednesday. iShares Convertible Bond ETF has a 52 week low of $50.43 and a 52 week high of $58.18. The company has a fifty day simple moving average of $82.84 and a two-hundred day simple moving average of $80.25.

iShares Convertible Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid 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.