iShares Convertible Bond ETF (BATS:ICVT) Shares Sold by Northwest Capital Management Inc

Northwest Capital Management Inc decreased its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 18.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,312 shares of the company’s stock after selling 1,184 shares during the period. Northwest Capital Management Inc’s holdings in iShares Convertible Bond ETF were worth $451,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. WealthShield Partners LLC increased its holdings in iShares Convertible Bond ETF by 41.6% during the 4th quarter. WealthShield Partners LLC now owns 7,693 shares of the company’s stock worth $654,000 after purchasing an additional 2,262 shares during the period. Midwest Capital Advisors LLC purchased a new stake in iShares Convertible Bond ETF during the 4th quarter worth about $897,000. BCGM Wealth Management LLC increased its holdings in iShares Convertible Bond ETF by 55.3% during the 4th quarter. BCGM Wealth Management LLC now owns 6,598 shares of the company’s stock worth $561,000 after purchasing an additional 2,350 shares during the period. Howard Capital Management Inc. increased its holdings in shares of iShares Convertible Bond ETF by 5.2% in the 4th quarter. Howard Capital Management Inc. now owns 337,900 shares of the company’s stock valued at $28,711,000 after acquiring an additional 16,800 shares during the last quarter. Finally, First Horizon Advisors Inc. increased its holdings in shares of iShares Convertible Bond ETF by 49.2% in the 4th quarter. First Horizon Advisors Inc. now owns 2,290 shares of the company’s stock valued at $195,000 after acquiring an additional 755 shares during the last quarter.

iShares Convertible Bond ETF Trading Up 2.6 %

ICVT opened at $87.34 on Monday. iShares Convertible Bond ETF has a one year low of $50.43 and a one year high of $58.18. The business’s 50-day simple moving average is $87.00 and its 200-day simple moving average is $85.02.

iShares Convertible Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.1406 dividend. The ex-dividend date was Monday, February 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.