BlueStem Wealth Partners LLC Invests $2.78 Million in iShares Convertible Bond ETF (BATS:ICVT)

BlueStem Wealth Partners LLC acquired a new position in iShares Convertible Bond ETF (BATS:ICVT) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 32,691 shares of the company’s stock, valued at approximately $2,778,000. BlueStem Wealth Partners LLC owned about 0.14% of iShares Convertible Bond ETF as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Creative Planning grew its holdings in 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 acquiring an additional 363 shares during the period. US Bancorp DE grew its holdings in iShares Convertible Bond ETF by 2.0% during the third quarter. US Bancorp DE now owns 16,676 shares of the company’s stock worth $1,395,000 after acquiring an additional 327 shares during the period. Focus Financial Network Inc. acquired a new stake in iShares Convertible Bond ETF during the third quarter worth about $234,000. Creative Financial Designs Inc. ADV grew its holdings in iShares Convertible Bond ETF by 3.5% during the third quarter. Creative Financial Designs Inc. ADV now owns 8,124 shares of the company’s stock worth $680,000 after acquiring an additional 275 shares during the period. Finally, CacheTech Inc. grew its holdings in iShares Convertible Bond ETF by 4.9% during the third quarter. CacheTech Inc. now owns 161,221 shares of the company’s stock worth $13,489,000 after acquiring an additional 7,595 shares during the period.

iShares Convertible Bond ETF Stock Up 1.4 %

iShares Convertible Bond ETF stock opened at $86.35 on Friday. iShares Convertible Bond ETF has a 52 week low of $50.43 and a 52 week high of $58.18. The business’s 50-day moving average price is $86.91 and its 200 day moving average price is $85.19.

iShares Convertible Bond ETF Increases Dividend

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