iShares Convertible Bond ETF (BATS:ICVT) Stock Position Raised by Centurion Wealth Management LLC

Centurion Wealth Management LLC raised its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 10.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,569 shares of the company’s stock after purchasing an additional 1,028 shares during the period. Centurion Wealth Management LLC’s holdings in iShares Convertible Bond ETF were worth $898,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. TSA Wealth Managment LLC increased its stake in iShares Convertible Bond ETF by 1.6% in the 3rd quarter. TSA Wealth Managment LLC now owns 19,061 shares of the company’s stock valued at $1,595,000 after buying an additional 291 shares during the period. Pettinga Financial Advisors LLC boosted its holdings in shares of iShares Convertible Bond ETF by 10.7% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 3,802 shares of the company’s stock worth $318,000 after buying an additional 368 shares during the period. Tidemark LLC boosted its holdings in shares of iShares Convertible Bond ETF by 3.9% during the 3rd quarter. Tidemark LLC now owns 10,885 shares of the company’s stock worth $911,000 after buying an additional 413 shares during the period. Advisors Asset Management Inc. boosted 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 buying an additional 827 shares during the period. Finally, First Horizon Advisors Inc. boosted its holdings in iShares Convertible Bond ETF by 25.7% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,535 shares of the company’s stock valued at $129,000 after purchasing an additional 314 shares during the period.

iShares Convertible Bond ETF Stock Performance

Shares of ICVT stock opened at $84.38 on Friday. iShares Convertible Bond ETF has a 52-week low of $75.97 and a 52-week high of $89.71. The firm has a fifty day moving average of $86.64 and a 200-day moving average of $85.51.

iShares Convertible Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.1466 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost 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.