Harbour Investments Inc. Buys 578 Shares of iShares Convertible Bond ETF (BATS:ICVT)

Harbour Investments Inc. lifted its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 35.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 2,211 shares of the company’s stock after acquiring an additional 578 shares during the period. Harbour Investments Inc.’s holdings in iShares Convertible Bond ETF were worth $188,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in ICVT. Advisors Asset Management Inc. lifted its holdings in shares of iShares Convertible Bond ETF by 12.2% during the 3rd quarter. Advisors Asset Management Inc. now owns 7,610 shares of the company’s stock worth $637,000 after acquiring an additional 827 shares during the last quarter. First Horizon Advisors Inc. lifted its stake in iShares Convertible Bond ETF by 25.7% in the third quarter. First Horizon Advisors Inc. now owns 1,535 shares of the company’s stock worth $129,000 after purchasing an additional 314 shares during the last quarter. CFS Investment Advisory Services LLC lifted its stake in iShares Convertible Bond ETF by 3.5% in the third quarter. CFS Investment Advisory Services LLC now owns 17,233 shares of the company’s stock worth $1,442,000 after purchasing an additional 583 shares during the last quarter. Icon Wealth Advisors LLC lifted its stake in iShares Convertible Bond ETF by 52.7% in the third quarter. Icon Wealth Advisors LLC now owns 4,438 shares of the company’s stock worth $410,000 after purchasing an additional 1,532 shares during the last quarter. Finally, Certified Advisory Corp lifted its stake in iShares Convertible Bond ETF by 2.2% in the third quarter. Certified Advisory Corp now owns 166,529 shares of the company’s stock worth $13,934,000 after purchasing an additional 3,509 shares during the last quarter.

iShares Convertible Bond ETF Price Performance

iShares Convertible Bond ETF stock opened at $85.01 on Friday. The firm has a fifty day simple moving average of $86.53 and a two-hundred day simple moving average of $85.65. iShares Convertible Bond ETF has a twelve month low of $75.97 and a twelve month high of $89.71.

iShares Convertible Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a $0.1466 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is an increase from iShares Convertible Bond ETF’s previous dividend of $0.14.

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.