Ascent Group LLC Sells 15,553 Shares of iShares Convertible Bond ETF (BATS:ICVT)

Ascent Group LLC cut its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 73.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,690 shares of the company’s stock after selling 15,553 shares during the period. Ascent Group LLC’s holdings in iShares Convertible Bond ETF were worth $447,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of ICVT. Envestnet Asset Management Inc. increased its position in shares of iShares Convertible Bond ETF by 14.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,094,735 shares of the company’s stock valued at $86,079,000 after purchasing an additional 138,493 shares during the last quarter. Susquehanna International Group LLP bought a new stake in shares of iShares Convertible Bond ETF in the 2nd quarter valued at about $80,458,000. 1832 Asset Management L.P. grew its holdings in iShares Convertible Bond ETF by 162.9% in the second quarter. 1832 Asset Management L.P. now owns 729,587 shares of the company’s stock worth $57,367,000 after purchasing an additional 452,039 shares during the last quarter. LPL Financial LLC grew its stake in iShares Convertible Bond ETF by 8.4% during the 2nd quarter. LPL Financial LLC now owns 503,155 shares of the company’s stock worth $39,563,000 after buying an additional 38,791 shares during the last quarter. Finally, AMG National Trust Bank increased its holdings in shares of iShares Convertible Bond ETF by 7.7% during the second quarter. AMG National Trust Bank now owns 484,267 shares of the company’s stock valued at $38,078,000 after acquiring an additional 34,749 shares in the last quarter.

iShares Convertible Bond ETF Trading Down 0.6 %

iShares Convertible Bond ETF stock opened at $83.20 on Wednesday. The business’s 50-day simple moving average is $80.52 and its two-hundred day simple moving average is $79.23. iShares Convertible Bond ETF has a fifty-two week low of $50.43 and a fifty-two week high of $58.18.

iShares Convertible Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders 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.