iShares Convertible Bond ETF (BATS:ICVT) Raises Dividend to $0.15 Per Share

iShares Convertible Bond ETF (BATS:ICVT) declared a dividend on Friday, February 28th, NASDAQ Dividends reports. Stockholders of record on Monday, March 3rd will be given a dividend of 0.1466 per share on Thursday, March 6th. The ex-dividend date is Monday, March 3rd. This is a positive change from iShares Convertible Bond ETF’s previous dividend of $0.14.

iShares Convertible Bond ETF Stock Up 1.4 %

Shares of iShares Convertible Bond ETF stock traded up $1.22 during trading on Friday, reaching $86.35. 338,203 shares of the company were exchanged. The business has a 50-day moving average price of $86.91 and a 200-day moving average price of $85.19. iShares Convertible Bond ETF has a twelve month low of $50.43 and a twelve month high of $58.18.

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.