True Vision MN LLC Grows Stock Holdings in iShares Convertible Bond ETF (BATS:ICVT)

True Vision MN LLC raised its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 15.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,125 shares of the company’s stock after purchasing an additional 539 shares during the period. True Vision MN LLC’s holdings in iShares Convertible Bond ETF were worth $324,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in ICVT. Advisors Preferred LLC bought a new position in shares of iShares Convertible Bond ETF during the first quarter valued at about $26,000. LGT Financial Advisors LLC grew its stake in shares of iShares Convertible Bond ETF by 336.1% in the second quarter. LGT Financial Advisors LLC now owns 362 shares of the company’s stock worth $29,000 after purchasing an additional 279 shares during the last quarter. LRI Investments LLC bought a new stake in shares of iShares Convertible Bond ETF in the first quarter worth about $29,000. International Assets Investment Management LLC bought a new stake in shares of iShares Convertible Bond ETF in the second quarter worth about $33,000. Finally, Banque Cantonale Vaudoise grew its stake in shares of iShares Convertible Bond ETF by 34.0% in the first quarter. Banque Cantonale Vaudoise now owns 670 shares of the company’s stock worth $53,000 after purchasing an additional 170 shares during the last quarter.

iShares Convertible Bond ETF Price Performance

BATS ICVT opened at $81.81 on Wednesday. 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 moving average is $80.02 and its 200 day moving average is $78.96.

iShares Convertible Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.1528 dividend. The ex-dividend date 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.