Toroso Investments LLC Has $3.39 Million Stake in iShares Convertible Bond ETF (BATS:ICVT)

Toroso Investments LLC lowered its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 4.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 47,081 shares of the company’s stock after selling 2,344 shares during the quarter. Toroso Investments LLC owned 0.29% of iShares Convertible Bond ETF worth $3,389,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ICVT. Nelson Van Denburg & Campbell Wealth Management Group LLC bought a new stake in shares of iShares Convertible Bond ETF in the 1st quarter worth approximately $25,000. ICA Group Wealth Management LLC bought a new position in shares of iShares Convertible Bond ETF during the 4th quarter worth approximately $31,000. Heritage Wealth Management LLC lifted its position in shares of iShares Convertible Bond ETF by 116.5% during the 4th quarter. Heritage Wealth Management LLC now owns 524 shares of the company’s stock worth $36,000 after buying an additional 282 shares during the period. Ameritas Advisory Services LLC bought a new position in shares of iShares Convertible Bond ETF during the 1st quarter worth approximately $40,000. Finally, Resurgent Financial Advisors LLC bought a new position in shares of iShares Convertible Bond ETF during the 4th quarter worth approximately $41,000.

iShares Convertible Bond ETF Trading Up 0.5 %

Shares of ICVT opened at $75.59 on Friday. The stock has a fifty day moving average price of $76.34 and a two-hundred day moving average price of $74.01. iShares Convertible Bond ETF has a 52-week low of $50.43 and a 52-week high of $58.18.

iShares Convertible Bond ETF Announces Dividend

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