Transamerica Financial Advisors Inc. Sells 643 Shares of iShares Convertible Bond ETF (BATS:ICVT)

Transamerica Financial Advisors Inc. cut its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT) by 10.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,323 shares of the company’s stock after selling 643 shares during the period. Transamerica Financial Advisors Inc.’s holdings in iShares Convertible Bond ETF were worth $446,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC increased its holdings in shares of iShares Convertible Bond ETF by 210.6% during the second quarter. EverSource Wealth Advisors LLC now owns 323 shares of the company’s stock worth $26,000 after buying an additional 219 shares in the last quarter. LGT Financial Advisors LLC increased its holdings in shares of iShares Convertible Bond ETF by 336.1% during the second quarter. LGT Financial Advisors LLC now owns 362 shares of the company’s stock worth $29,000 after buying an additional 279 shares in the last quarter. LRI Investments LLC acquired a new position in shares of iShares Convertible Bond ETF during the first quarter worth $30,000. International Assets Investment Management LLC acquired a new position in shares of iShares Convertible Bond ETF during the second quarter worth $33,000. Finally, Mattson Financial Services LLC acquired a new position in shares of iShares Convertible Bond ETF during the second quarter worth $61,000.

iShares Convertible Bond ETF Trading Down 0.4 %

Shares of BATS:ICVT opened at $88.63 on Wednesday. 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 moving average of $84.62 and a 200-day moving average of $81.18.

iShares Convertible Bond ETF Cuts Dividend

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