iShares Convertible Bond ETF (BATS:ICVT) Hits New 12-Month High at $82.76

iShares Convertible Bond ETF (BATS:ICVT) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $82.76 and last traded at $82.73, with a volume of 118654 shares. The stock had previously closed at $82.49.

iShares Convertible Bond ETF Price Performance

The stock’s 50-day moving average is $80.18 and its 200 day moving average is $79.05.

iShares Convertible Bond ETF Cuts Dividend

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Stokes Family Office LLC grew its stake in shares of iShares Convertible Bond ETF by 3.8% during the 2nd quarter. Stokes Family Office LLC now owns 3,808 shares of the company’s stock worth $299,000 after purchasing an additional 141 shares during the period. Windsor Capital Management LLC grew its position in iShares Convertible Bond ETF by 1.5% during the first quarter. Windsor Capital Management LLC now owns 9,691 shares of the company’s stock worth $774,000 after buying an additional 147 shares during the period. Austin Private Wealth LLC increased its holdings in iShares Convertible Bond ETF by 2.7% in the second quarter. Austin Private Wealth LLC now owns 5,693 shares of the company’s stock valued at $448,000 after buying an additional 152 shares in the last quarter. Horst & Graben Wealth Management LLC lifted its position in shares of iShares Convertible Bond ETF by 1.3% during the 2nd quarter. Horst & Graben Wealth Management LLC now owns 11,977 shares of the company’s stock valued at $942,000 after acquiring an additional 153 shares during the period. Finally, O ROURKE & COMPANY Inc boosted its stake in shares of iShares Convertible Bond ETF by 3.5% during the 1st quarter. O ROURKE & COMPANY Inc now owns 4,664 shares of the company’s stock worth $372,000 after acquiring an additional 156 shares in the last quarter.

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.