Creative Financial Designs Inc. ADV Boosts Stock Holdings in iShares Convertible Bond ETF (BATS:ICVT)

Creative Financial Designs Inc. ADV lifted its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 33.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,818 shares of the company’s stock after acquiring an additional 2,694 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in iShares Convertible Bond ETF were worth $919,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of ICVT. Pettinga Financial Advisors LLC increased its position in shares of iShares Convertible Bond ETF by 10.7% during the third quarter. Pettinga Financial Advisors LLC now owns 3,802 shares of the company’s stock worth $318,000 after acquiring an additional 368 shares during the period. Tidemark LLC increased its position in shares of iShares Convertible Bond ETF by 3.9% during the third quarter. Tidemark LLC now owns 10,885 shares of the company’s stock worth $911,000 after acquiring an additional 413 shares during the period. Advisors Asset Management Inc. grew its stake in shares of iShares Convertible Bond ETF by 12.2% during the third quarter. Advisors Asset Management Inc. now owns 7,610 shares of the company’s stock worth $637,000 after purchasing an additional 827 shares in the last quarter. First Horizon Advisors Inc. increased its holdings in iShares Convertible Bond ETF by 25.7% in 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 last quarter. Finally, SSI Investment Management LLC raised its stake in iShares Convertible Bond ETF by 20.0% in the third quarter. SSI Investment Management LLC now owns 76,075 shares of the company’s stock valued at $6,365,000 after buying an additional 12,656 shares in the last quarter.

iShares Convertible Bond ETF Stock Down 0.1 %

Shares of BATS ICVT opened at $85.05 on Tuesday. The business has a 50-day moving average of $86.61 and a two-hundred day moving average of $85.57. iShares Convertible Bond ETF has a 1 year low of $75.97 and a 1 year high of $89.71.

iShares Convertible Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1466 per share. The ex-dividend date of this dividend was 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.