OneAscent Financial Services LLC Buys New Stake in iShares Convertible Bond ETF (BATS:ICVT)

OneAscent Financial Services LLC purchased a new position in shares of iShares Convertible Bond ETF (BATS:ICVT) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,786 shares of the company’s stock, valued at approximately $747,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wells Financial Advisors INC purchased a new stake in shares of iShares Convertible Bond ETF in the 4th quarter valued at $26,000. PSI Advisors LLC acquired a new stake in shares of iShares Convertible Bond ETF during the fourth quarter worth about $29,000. Spire Wealth Management boosted 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 purchasing an additional 164 shares during the period. Endeavor Private Wealth Inc. acquired a new position in shares of iShares Convertible Bond ETF in the fourth quarter valued at approximately $45,000. Finally, Franklin Resources Inc. purchased a new stake in iShares Convertible Bond ETF during the 4th quarter worth approximately $62,000.

iShares Convertible Bond ETF Price Performance

Shares of ICVT stock opened at $84.23 on Thursday. iShares Convertible Bond ETF has a 52 week low of $75.97 and a 52 week high of $89.71. The firm has a 50 day moving average of $86.28 and a two-hundred day moving average of $85.90.

iShares Convertible Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.1466 per share. This is a boost from iShares Convertible Bond ETF’s previous dividend of $0.14. The ex-dividend date was 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.