Triad Wealth Partners LLC Buys New Position in iShares Convertible Bond ETF (BATS:ICVT)

Triad Wealth Partners LLC purchased a new position in shares of iShares Convertible Bond ETF (BATS:ICVT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 14,365 shares of the company’s stock, valued at approximately $1,221,000. Triad Wealth Partners LLC owned about 0.06% of iShares Convertible Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of ICVT. New York Life Investment Management LLC increased its holdings in iShares Convertible Bond ETF by 3.1% in the 4th quarter. New York Life Investment Management LLC now owns 492,630 shares of the company’s stock worth $41,859,000 after buying an additional 14,762 shares during the period. Greenleaf Trust increased its stake 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 worth $36,572,000 after acquiring an additional 11,363 shares during the period. Lebenthal Global Advisors LLC raised 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 last quarter. Ocean Park Asset Management LLC lifted its position in 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 valued at $30,309,000 after purchasing an additional 88,100 shares during the period. Finally, Howard Capital Management Inc. lifted its position in 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 valued at $28,711,000 after purchasing an additional 16,800 shares during the period.

iShares Convertible Bond ETF Stock Down 0.0 %

Shares of ICVT opened at $85.11 on Wednesday. The business’s 50-day moving average is $86.89 and its two-hundred day moving average is $85.32. iShares Convertible Bond ETF has a fifty-two week low of $50.43 and a fifty-two week high of $58.18.

iShares Convertible Bond ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be given a $0.1466 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This is a positive change from iShares Convertible Bond ETF’s previous dividend of $0.14.

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.