iShares Convertible Bond ETF (BATS:ICVT) Shares Sold by Perissos Private Wealth Management LLC

Perissos Private Wealth Management LLC reduced its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT) by 0.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,920 shares of the company’s stock after selling 126 shares during the quarter. Perissos Private Wealth Management LLC owned approximately 0.07% of iShares Convertible Bond ETF worth $1,523,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the business. Icon Wealth Advisors LLC grew its holdings in shares of iShares Convertible Bond ETF by 4.9% during the third quarter. Icon Wealth Advisors LLC now owns 3,048 shares of the company’s stock worth $255,000 after purchasing an additional 142 shares during the last quarter. Braun Bostich & Associates Inc. grew its stake in iShares Convertible Bond ETF by 3.8% during the 3rd quarter. Braun Bostich & Associates Inc. now owns 4,198 shares of the company’s stock worth $351,000 after buying an additional 155 shares during the last quarter. LGT Financial Advisors LLC increased its position in iShares Convertible Bond ETF by 45.3% during the third quarter. LGT Financial Advisors LLC now owns 526 shares of the company’s stock worth $44,000 after buying an additional 164 shares during the period. Spire Wealth Management lifted its stake in iShares Convertible Bond ETF by 56.9% in the fourth quarter. Spire Wealth Management now owns 452 shares of the company’s stock valued at $38,000 after buying an additional 164 shares during the last quarter. Finally, Capital Wealth Management LLC lifted its stake in iShares Convertible Bond ETF by 0.4% in the third quarter. Capital Wealth Management LLC now owns 40,021 shares of the company’s stock valued at $3,349,000 after buying an additional 171 shares during the last quarter.

iShares Convertible Bond ETF Stock Performance

Shares of ICVT opened at $87.86 on Wednesday. The company’s 50 day simple moving average is $87.02 and its 200-day simple moving average is $84.47. iShares Convertible Bond ETF has a 12-month low of $50.43 and a 12-month high of $58.18.

iShares Convertible Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.1406 per share. The ex-dividend date was Monday, February 3rd.

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.