Icon Wealth Advisors LLC Grows Stock Holdings in iShares Convertible Bond ETF (BATS:ICVT)

Icon Wealth Advisors LLC boosted its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 52.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,438 shares of the company’s stock after buying an additional 1,532 shares during the quarter. Icon Wealth Advisors LLC’s holdings in iShares Convertible Bond ETF were worth $410,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in ICVT. EverSource Wealth Advisors LLC grew its holdings in shares of iShares Convertible Bond ETF by 210.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 323 shares of the company’s stock worth $26,000 after acquiring an additional 219 shares during the period. LRI Investments LLC purchased a new position in shares of iShares Convertible Bond ETF in the first quarter valued at $29,000. LGT Financial Advisors LLC boosted its position in shares of iShares Convertible Bond ETF by 336.1% in 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 in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of iShares Convertible Bond ETF in the 2nd quarter worth about $33,000. Finally, Mattson Financial Services LLC purchased a new position in iShares Convertible Bond ETF during the 2nd quarter valued at about $61,000.

iShares Convertible Bond ETF Stock Up 0.7 %

Shares of BATS ICVT opened at $88.57 on Friday. The firm’s 50-day moving average is $84.47 and its two-hundred day moving average is $81.06. iShares Convertible Bond ETF has a 12-month low of $50.43 and a 12-month high of $58.18.

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 issued 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.