iShares Convertible Bond ETF (BATS:ICVT) Shares Acquired by Spectrum Wealth Counsel LLC

Spectrum Wealth Counsel LLC grew its position in iShares Convertible Bond ETF (BATS:ICVT) by 87.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,582 shares of the company’s stock after acquiring an additional 2,133 shares during the quarter. Spectrum Wealth Counsel LLC’s holdings in iShares Convertible Bond ETF were worth $389,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. New York Life Investment Management LLC boosted its holdings in shares of iShares Convertible Bond ETF by 3.1% in the fourth quarter. New York Life Investment Management LLC now owns 492,630 shares of the company’s stock valued at $41,859,000 after acquiring an additional 14,762 shares during the period. Greenleaf Trust boosted its holdings in shares of iShares Convertible Bond ETF by 2.7% in the fourth quarter. Greenleaf Trust now owns 430,412 shares of the company’s stock valued at $36,572,000 after acquiring an additional 11,363 shares during the period. Lebenthal Global Advisors LLC lifted its holdings in shares of iShares Convertible Bond ETF by 83.6% during the fourth quarter. Lebenthal Global Advisors LLC now owns 418,271 shares of the company’s stock worth $35,540,000 after purchasing an additional 190,400 shares during the period. Ocean Park Asset Management LLC lifted its holdings in shares of iShares Convertible Bond ETF by 32.8% during the fourth quarter. Ocean Park Asset Management LLC now owns 356,700 shares of the company’s stock worth $30,309,000 after purchasing an additional 88,100 shares during the period. Finally, Howard Capital Management Inc. lifted its holdings in shares of iShares Convertible Bond ETF by 5.2% during the fourth quarter. Howard Capital Management Inc. now owns 337,900 shares of the company’s stock worth $28,711,000 after purchasing an additional 16,800 shares during the period.

iShares Convertible Bond ETF Stock Up 1.4 %

Shares of BATS ICVT opened at $86.35 on Friday. The stock has a fifty day moving average price of $86.89 and a 200 day moving average price of $85.14. iShares Convertible Bond ETF has a 1-year low of $50.43 and a 1-year high of $58.18.

iShares Convertible Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.1406 per share. The ex-dividend date of this dividend was Monday, February 3rd.

iShares Convertible Bond ETF 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.