Shared Vision Wealth Group LLC Buys 2,223 Shares of iShares Convertible Bond ETF (BATS:ICVT)

Shared Vision Wealth Group LLC grew its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 36.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,263 shares of the company’s stock after buying an additional 2,223 shares during the quarter. Shared Vision Wealth Group LLC’s holdings in iShares Convertible Bond ETF were worth $702,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. PSI Advisors LLC acquired a new stake in shares of iShares Convertible Bond ETF in the fourth quarter valued at $29,000. Spire Wealth Management increased its stake in shares of iShares Convertible Bond ETF by 56.9% in the fourth quarter. Spire Wealth Management now owns 452 shares of the company’s stock valued at $38,000 after buying an additional 164 shares in the last quarter. LGT Financial Advisors LLC increased its stake in shares of iShares Convertible Bond ETF by 45.3% in the third quarter. LGT Financial Advisors LLC now owns 526 shares of the company’s stock valued at $44,000 after buying an additional 164 shares in the last quarter. Endeavor Private Wealth Inc. acquired a new stake in shares of iShares Convertible Bond ETF in the fourth quarter valued at $45,000. Finally, Elevation Wealth Partners LLC increased its stake in shares of iShares Convertible Bond ETF by 42.6% in the fourth quarter. Elevation Wealth Partners LLC now owns 897 shares of the company’s stock valued at $76,000 after buying an additional 268 shares in the last quarter.

iShares Convertible Bond ETF Stock Performance

Shares of BATS:ICVT opened at $86.35 on Monday. iShares Convertible Bond ETF has a twelve month low of $50.43 and a twelve month high of $58.18. The business has a fifty day moving average of $86.91 and a 200-day moving average of $85.28.

iShares Convertible Bond ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be given a $0.1466 dividend. This is a positive change from iShares Convertible Bond ETF’s previous dividend of $0.14. The ex-dividend date of this dividend is Monday, March 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.