iShares Convertible Bond ETF (BATS:ICVT) Shares Sold by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. lowered its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 2.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,042 shares of the company’s stock after selling 262 shares during the period. J.W. Cole Advisors Inc.’s holdings in iShares Convertible Bond ETF were worth $790,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Aveo Capital Partners LLC acquired a new stake in iShares Convertible Bond ETF in the fourth quarter valued at approximately $3,994,000. Assetmark Inc. grew its holdings in iShares Convertible Bond ETF by 293.8% during the 4th quarter. Assetmark Inc. now owns 1,562,320 shares of the company’s stock valued at $122,783,000 after purchasing an additional 1,165,563 shares in the last quarter. Certified Advisory Corp purchased a new stake in iShares Convertible Bond ETF during the 4th quarter worth $12,007,000. Hanlon Investment Management Inc. acquired a new position in iShares Convertible Bond ETF in the 4th quarter worth $392,000. Finally, Stifel Financial Corp boosted its position in iShares Convertible Bond ETF by 0.3% in the 4th quarter. Stifel Financial Corp now owns 77,839 shares of the company’s stock valued at $6,117,000 after buying an additional 200 shares during the last quarter.

iShares Convertible Bond ETF Stock Performance

Shares of iShares Convertible Bond ETF stock opened at $81.57 on Tuesday. iShares Convertible Bond ETF has a 1-year low of $50.43 and a 1-year high of $58.18. The business has a 50-day moving average of $79.91 and a 200-day moving average of $78.92.

iShares Convertible Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.1528 per share. The ex-dividend date was Tuesday, September 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.