iShares Convertible Bond ETF (BATS:ICVT) Shares Purchased by D.A. Davidson & CO.

D.A. Davidson & CO. grew its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 23.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,229 shares of the company’s stock after buying an additional 3,627 shares during the period. D.A. Davidson & CO. owned 0.08% of iShares Convertible Bond ETF worth $1,634,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Icon Wealth Advisors LLC raised its holdings in shares of iShares Convertible Bond ETF by 4.9% in the third quarter. Icon Wealth Advisors LLC now owns 3,048 shares of the company’s stock worth $255,000 after acquiring an additional 142 shares during the last quarter. LGT Financial Advisors LLC raised its holdings 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 worth $44,000 after acquiring an additional 164 shares during the last quarter. Spire Wealth Management raised its holdings 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 worth $38,000 after acquiring an additional 164 shares during the last quarter. Keystone Financial Services raised its holdings in shares of iShares Convertible Bond ETF by 5.6% in the fourth quarter. Keystone Financial Services now owns 3,226 shares of the company’s stock worth $274,000 after acquiring an additional 170 shares during the last quarter. Finally, Ridgewood Investments LLC raised its holdings in shares of iShares Convertible Bond ETF by 3.6% in the fourth quarter. Ridgewood Investments LLC now owns 6,800 shares of the company’s stock worth $578,000 after acquiring an additional 238 shares during the last quarter.

iShares Convertible Bond ETF Trading Up 2.6 %

iShares Convertible Bond ETF stock opened at $87.34 on Friday. The stock has a fifty day moving average price of $87.00 and a 200 day moving average price of $84.97. iShares Convertible Bond ETF has a 52 week low of $50.43 and a 52 week high of $58.18.

iShares Convertible Bond ETF Cuts Dividend

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