iShares Convertible Bond ETF (BATS:ICVT) Stake Boosted by True Vision MN LLC

True Vision MN LLC lifted its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 36.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,686 shares of the company’s stock after purchasing an additional 1,513 shares during the quarter. True Vision MN LLC’s holdings in iShares Convertible Bond ETF were worth $483,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in ICVT. Sovran Advisors LLC acquired a new stake in iShares Convertible Bond ETF in the fourth quarter worth $236,000. Focus Financial Network Inc. increased its holdings in shares of iShares Convertible Bond ETF by 25.3% in the 4th quarter. Focus Financial Network Inc. now owns 3,501 shares of the company’s stock worth $298,000 after acquiring an additional 708 shares during the period. Ocean Park Asset Management LLC increased its holdings in shares of iShares Convertible Bond ETF by 32.8% in the 4th quarter. Ocean Park Asset Management LLC now owns 356,700 shares of the company’s stock worth $30,309,000 after acquiring an additional 88,100 shares during the period. Cornerstone Planning Group LLC lifted its position in iShares Convertible Bond ETF by 0.5% in the 4th quarter. Cornerstone Planning Group LLC now owns 163,761 shares of the company’s stock valued at $14,260,000 after purchasing an additional 764 shares during the last quarter. Finally, Elevation Wealth Partners LLC boosted its stake in iShares Convertible Bond ETF by 42.6% during the 4th quarter. Elevation Wealth Partners LLC now owns 897 shares of the company’s stock valued at $76,000 after purchasing an additional 268 shares during the period.

iShares Convertible Bond ETF Stock Performance

BATS ICVT opened at $88.25 on Tuesday. The company has a 50-day moving average price of $87.04 and a two-hundred day moving average price of $84.42. 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 business also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.1406 per share. The ex-dividend date of this dividend 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.