Commonwealth Equity Services LLC Has $4.10 Million Stake in iShares Convertible Bond ETF (BATS:ICVT)

Commonwealth Equity Services LLC lowered its position in iShares Convertible Bond ETF (BATS:ICVT) by 55.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 56,453 shares of the company’s stock after selling 69,385 shares during the period. Commonwealth Equity Services LLC owned 0.34% of iShares Convertible Bond ETF worth $4,099,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. B. Riley Wealth Advisors Inc. boosted its stake in shares of iShares Convertible Bond ETF by 46.3% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 46,807 shares of the company’s stock worth $3,252,000 after acquiring an additional 14,813 shares in the last quarter. Copperleaf Capital LLC bought a new stake in iShares Convertible Bond ETF during the fourth quarter worth approximately $216,000. Richard W. Paul & Associates LLC grew its holdings in iShares Convertible Bond ETF by 51,510.5% during the first quarter. Richard W. Paul & Associates LLC now owns 9,806 shares of the company’s stock valued at $712,000 after purchasing an additional 9,787 shares during the last quarter. Lpwm LLC raised its position in shares of iShares Convertible Bond ETF by 2.7% in the first quarter. Lpwm LLC now owns 34,973 shares of the company’s stock valued at $2,540,000 after purchasing an additional 928 shares during the period. Finally, Capital Advisory Group Advisory Services LLC lifted its stake in shares of iShares Convertible Bond ETF by 17.6% in the first quarter. Capital Advisory Group Advisory Services LLC now owns 7,646 shares of the company’s stock worth $555,000 after buying an additional 1,144 shares during the last quarter.

iShares Convertible Bond ETF Trading Up 0.3 %

BATS:ICVT opened at $75.99 on Friday. iShares Convertible Bond ETF has a 1 year low of $50.43 and a 1 year high of $58.18. The firm’s fifty day simple moving average is $76.43 and its 200 day simple moving average is $73.89.

iShares Convertible Bond ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, July 10th. Stockholders of record on Wednesday, July 5th were paid a $0.0785 dividend. The ex-dividend date was Monday, July 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.