Harbour Investments Inc. Grows Stock Holdings in iShares Convertible Bond ETF (BATS:ICVT)

Harbour Investments Inc. raised its position in iShares Convertible Bond ETF (BATS:ICVT) by 35.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,211 shares of the company’s stock after acquiring an additional 578 shares during the quarter. Harbour Investments Inc.’s holdings in iShares Convertible Bond ETF were worth $188,000 at the end of the most recent quarter.

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

iShares Convertible Bond ETF Trading Down 0.1 %

Shares of BATS ICVT opened at $85.01 on Friday. iShares Convertible Bond ETF has a 1 year low of $75.97 and a 1 year high of $89.71. The company’s 50-day moving average is $86.53 and its 200 day moving average is $85.65.

iShares Convertible Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.1466 per share. The ex-dividend date was Monday, March 3rd. This is a boost from iShares Convertible Bond ETF’s previous dividend of $0.14.

iShares Convertible Bond ETF Company 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.