iShares Convertible Bond ETF (BATS:ICVT) Stock Position Decreased by Bigelow Investment Advisors LLC

Bigelow Investment Advisors LLC decreased its position in iShares Convertible Bond ETF (BATS:ICVT) by 11.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,224 shares of the company’s stock after selling 688 shares during the quarter. Bigelow Investment Advisors LLC’s holdings in iShares Convertible Bond ETF were worth $411,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in ICVT. Cary Street Partners Investment Advisory LLC raised its holdings in iShares Convertible Bond ETF by 100.0% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 348 shares of the company’s stock valued at $26,000 after buying an additional 174 shares in the last quarter. ICA Group Wealth Management LLC acquired a new stake in iShares Convertible Bond ETF in the 4th quarter worth approximately $31,000. Blue Trust Inc. boosted its position in iShares Convertible Bond ETF by 91.0% during the fourth quarter. Blue Trust Inc. now owns 466 shares of the company’s stock worth $34,000 after purchasing an additional 222 shares during the period. Resurgent Financial Advisors LLC bought a new stake in iShares Convertible Bond ETF during the fourth quarter worth approximately $41,000. Finally, AdvisorNet Financial Inc grew its holdings in iShares Convertible Bond ETF by 122.0% during the fourth quarter. AdvisorNet Financial Inc now owns 606 shares of the company’s stock valued at $48,000 after purchasing an additional 333 shares during the last quarter.

iShares Convertible Bond ETF Price Performance

Shares of iShares Convertible Bond ETF stock traded down $0.11 on Friday, reaching $76.51. The stock had a trading volume of 103,805 shares. The business’s 50-day moving average price is $78.44 and its two-hundred day moving average price is $76.30. iShares Convertible Bond ETF has a fifty-two week low of $50.43 and a fifty-two week high of $58.18.

iShares Convertible Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.1346 per share. This is a boost from iShares Convertible Bond ETF’s previous dividend of $0.12. The ex-dividend date of this dividend was Monday, April 1st.

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.