iShares Convertible Bond ETF (BATS:ICVT) Shares Bought by Aire Advisors LLC

Aire Advisors LLC lifted its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 5.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 119,279 shares of the company’s stock after buying an additional 5,633 shares during the quarter. iShares Convertible Bond ETF makes up about 2.1% of Aire Advisors LLC’s investment portfolio, making the stock its 15th largest holding. Aire Advisors LLC owned approximately 0.49% of iShares Convertible Bond ETF worth $10,135,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. PSI Advisors LLC acquired a new position in iShares Convertible Bond ETF during the 4th quarter worth $29,000. Spire Wealth Management lifted its holdings in iShares Convertible Bond ETF by 56.9% during the 4th quarter. Spire Wealth Management now owns 452 shares of the company’s stock worth $38,000 after buying an additional 164 shares during the last quarter. Endeavor Private Wealth Inc. acquired a new position in shares of iShares Convertible Bond ETF in the 4th quarter worth approximately $45,000. Elevation Wealth Partners LLC increased its holdings in shares of iShares Convertible Bond ETF by 42.6% in the 4th quarter. Elevation Wealth Partners LLC now owns 897 shares of the company’s stock valued at $76,000 after acquiring an additional 268 shares during the last quarter. Finally, Golden State Wealth Management LLC acquired a new stake in shares of iShares Convertible Bond ETF during the 4th quarter valued at approximately $118,000.

iShares Convertible Bond ETF Stock Up 0.9 %

iShares Convertible Bond ETF stock opened at $85.93 on Tuesday. iShares Convertible Bond ETF has a 12 month low of $75.97 and a 12 month high of $89.71. The company has a fifty day moving average price of $86.56 and a two-hundred day moving average price of $85.73.

iShares Convertible Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.1466 per share. This is a positive change from iShares Convertible Bond ETF’s previous dividend of $0.14. The ex-dividend date was Monday, March 3rd.

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.