iShares Convertible Bond ETF (BATS:ICVT) Shares Bought by Truist Financial Corp

Truist Financial Corp raised its position in iShares Convertible Bond ETF (BATS:ICVT) by 11.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,458 shares of the company’s stock after acquiring an additional 4,300 shares during the quarter. Truist Financial Corp owned 0.18% of iShares Convertible Bond ETF worth $3,693,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Greenleaf Trust grew its position in shares of iShares Convertible Bond ETF by 2.7% during the fourth quarter. Greenleaf Trust now owns 430,412 shares of the company’s stock worth $36,572,000 after buying an additional 11,363 shares in the last quarter. Lebenthal Global Advisors LLC grew its position in shares of iShares Convertible Bond ETF by 83.6% during the fourth quarter. Lebenthal Global Advisors LLC now owns 418,271 shares of the company’s stock worth $35,540,000 after buying an additional 190,400 shares in the last quarter. Ocean Park Asset Management LLC grew its position in shares of iShares Convertible Bond ETF by 32.8% during the fourth quarter. Ocean Park Asset Management LLC now owns 356,700 shares of the company’s stock worth $30,309,000 after buying an additional 88,100 shares in the last quarter. Assetmark Inc. grew its position in shares of iShares Convertible Bond ETF by 150.4% during the third quarter. Assetmark Inc. now owns 254,643 shares of the company’s stock worth $21,306,000 after buying an additional 152,939 shares in the last quarter. Finally, Pictet North America Advisors SA grew its position in shares of iShares Convertible Bond ETF by 55.6% during the fourth quarter. Pictet North America Advisors SA now owns 229,300 shares of the company’s stock worth $19,484,000 after buying an additional 81,916 shares in the last quarter.

iShares Convertible Bond ETF Price Performance

ICVT stock opened at $86.63 on Tuesday. The firm has a 50 day simple moving average of $86.96 and a 200-day simple moving average of $85.08. iShares Convertible Bond ETF has a twelve month low of $50.43 and a twelve month high of $58.18.

iShares Convertible Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.1406 dividend. The ex-dividend date was Monday, February 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.