iShares Convertible Bond ETF (BATS:ICVT) Shares Acquired by Acorn Wealth Advisors LLC

Acorn Wealth Advisors LLC increased its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 8.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,242 shares of the company’s stock after acquiring an additional 401 shares during the quarter. Acorn Wealth Advisors LLC’s holdings in iShares Convertible Bond ETF were worth $439,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ICVT. Creative Planning boosted its holdings in shares of iShares Convertible Bond ETF by 12.3% during the third quarter. Creative Planning now owns 3,325 shares of the company’s stock worth $278,000 after purchasing an additional 363 shares during the last quarter. Private Advisor Group LLC lifted its position in iShares Convertible Bond ETF by 3.9% during the third quarter. Private Advisor Group LLC now owns 31,568 shares of the company’s stock worth $2,641,000 after buying an additional 1,199 shares during the period. Kades & Cheifetz LLC boosted its stake in iShares Convertible Bond ETF by 3.7% in the 3rd quarter. Kades & Cheifetz LLC now owns 64,697 shares of the company’s stock worth $5,413,000 after buying an additional 2,328 shares during the last quarter. Bank of Montreal Can grew its holdings in iShares Convertible Bond ETF by 857.2% in the 2nd quarter. Bank of Montreal Can now owns 26,389 shares of the company’s stock valued at $2,088,000 after buying an additional 23,632 shares during the period. Finally, 1832 Asset Management L.P. increased its stake in shares of iShares Convertible Bond ETF by 162.9% during the 2nd quarter. 1832 Asset Management L.P. now owns 729,587 shares of the company’s stock valued at $57,367,000 after acquiring an additional 452,039 shares during the last quarter.

iShares Convertible Bond ETF Price Performance

Shares of ICVT traded up $0.63 during mid-day trading on Monday, hitting $88.57. The company had a trading volume of 171,517 shares. iShares Convertible Bond ETF has a 1-year low of $50.43 and a 1-year high of $58.18. The business’s 50-day simple moving average is $84.47 and its 200-day simple moving average is $81.10.

iShares Convertible Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.1528 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

About iShares Convertible Bond ETF

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.