Private Advisor Group LLC Increases Stock Position in iShares Convertible Bond ETF (BATS:ICVT)

Private Advisor Group LLC grew its stake in iShares Convertible Bond ETF (BATS:ICVT) by 6.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 33,715 shares of the company’s stock after acquiring an additional 2,147 shares during the period. Private Advisor Group LLC owned about 0.14% of iShares Convertible Bond ETF worth $2,865,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. Global Retirement Partners LLC boosted its holdings in iShares Convertible Bond ETF by 78.8% during the 4th quarter. Global Retirement Partners LLC now owns 3,102 shares of the company’s stock valued at $264,000 after acquiring an additional 1,367 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its holdings in shares of iShares Convertible Bond ETF by 80.4% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 13,309 shares of the company’s stock valued at $1,131,000 after purchasing an additional 5,932 shares in the last quarter. Kestra Investment Management LLC increased its stake in iShares Convertible Bond ETF by 1.6% during the 4th quarter. Kestra Investment Management LLC now owns 24,635 shares of the company’s stock worth $2,093,000 after buying an additional 377 shares during the period. Atria Wealth Solutions Inc. lifted its holdings in iShares Convertible Bond ETF by 34.9% during the 4th quarter. Atria Wealth Solutions Inc. now owns 27,810 shares of the company’s stock worth $2,363,000 after buying an additional 7,200 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its position in iShares Convertible Bond ETF by 23.2% in the 4th quarter. D.A. Davidson & CO. now owns 19,229 shares of the company’s stock valued at $1,634,000 after buying an additional 3,627 shares during the period.

iShares Convertible Bond ETF Stock Performance

BATS:ICVT opened at $86.63 on Tuesday. iShares Convertible Bond ETF has a 52 week low of $50.43 and a 52 week high of $58.18. The company has a fifty day simple moving average of $86.96 and a two-hundred day simple moving average of $85.08.

iShares Convertible Bond ETF Cuts Dividend

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

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.