iShares Convertible Bond ETF (BATS:ICVT) Shares Purchased by TSA Wealth Managment LLC

TSA Wealth Managment LLC grew its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 1.6% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 19,061 shares of the company’s stock after buying an additional 291 shares during the quarter. iShares Convertible Bond ETF accounts for about 0.6% of TSA Wealth Managment LLC’s investment portfolio, making the stock its 27th biggest holding. TSA Wealth Managment LLC’s holdings in iShares Convertible Bond ETF were worth $1,595,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of ICVT. Creative Planning grew its position in iShares Convertible Bond ETF by 12.3% during the third quarter. Creative Planning now owns 3,325 shares of the company’s stock worth $278,000 after buying an additional 363 shares during the period. Private Advisor Group LLC raised its position in shares of iShares Convertible Bond ETF by 3.9% in the 3rd quarter. Private Advisor Group LLC now owns 31,568 shares of the company’s stock worth $2,641,000 after buying an additional 1,199 shares during the period. Blair William & Co. IL grew its holdings in shares of iShares Convertible Bond ETF by 19.2% during the 1st quarter. Blair William & Co. IL now owns 2,790 shares of the company’s stock worth $223,000 after purchasing an additional 449 shares during the period. Kades & Cheifetz LLC grew its stake in iShares Convertible Bond ETF by 3.7% during the third quarter. Kades & Cheifetz LLC now owns 64,697 shares of the company’s stock worth $5,413,000 after buying an additional 2,328 shares during the period. Finally, Bank of Montreal Can increased its holdings in iShares Convertible Bond ETF by 857.2% in the 2nd quarter. Bank of Montreal Can now owns 26,389 shares of the company’s stock valued at $2,088,000 after purchasing an additional 23,632 shares in the last quarter.

iShares Convertible Bond ETF Stock Performance

ICVT stock opened at $86.04 on Friday. iShares Convertible Bond ETF has a 52-week low of $50.43 and a 52-week high of $58.18. The stock’s 50 day moving average is $83.77 and its two-hundred day moving average is $80.71.

iShares Convertible Bond ETF Cuts Dividend

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