Pettinga Financial Advisors LLC Has $318,000 Position in iShares Convertible Bond ETF (BATS:ICVT)

Pettinga Financial Advisors LLC raised its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 10.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,802 shares of the company’s stock after buying an additional 368 shares during the quarter. Pettinga Financial Advisors LLC’s holdings in iShares Convertible Bond ETF were worth $318,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. US Bancorp DE lifted its stake in iShares Convertible Bond ETF by 931.1% during the first quarter. US Bancorp DE now owns 13,807 shares of the company’s stock worth $1,102,000 after purchasing an additional 12,468 shares during the period. Blair William & Co. IL grew its position in iShares Convertible Bond ETF by 19.2% in the first quarter. Blair William & Co. IL now owns 2,790 shares of the company’s stock valued at $223,000 after acquiring an additional 449 shares during the period. PAX Financial Group LLC acquired a new position in iShares Convertible Bond ETF during the first quarter worth $292,000. Hilltop Partners LLC lifted its holdings in shares of iShares Convertible Bond ETF by 2,391.3% during the first quarter. Hilltop Partners LLC now owns 80,643 shares of the company’s stock valued at $6,438,000 after acquiring an additional 77,406 shares during the period. Finally, CreativeOne Wealth LLC acquired a new stake in shares of iShares Convertible Bond ETF in the 1st quarter valued at $3,339,000.

iShares Convertible Bond ETF Stock Down 0.3 %

ICVT opened at $86.04 on Monday. iShares Convertible Bond ETF has a twelve month low of $50.43 and a twelve month high of $58.18. The firm’s 50-day simple moving average is $83.77 and its 200-day simple moving average is $80.77.

iShares Convertible Bond ETF Cuts Dividend

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

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.