Kestra Investment Management LLC Takes $1.64 Million Position in iShares Convertible Bond ETF (BATS:ICVT)

Kestra Investment Management LLC purchased a new stake in shares of iShares Convertible Bond ETF (BATS:ICVT) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 20,849 shares of the company’s stock, valued at approximately $1,639,000. Kestra Investment Management LLC owned 0.09% of iShares Convertible Bond ETF at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in ICVT. Susquehanna International Group LLP purchased a new position in iShares Convertible Bond ETF during the second quarter valued at approximately $80,458,000. 1832 Asset Management L.P. grew its position in iShares Convertible Bond ETF by 162.9% during the second quarter. 1832 Asset Management L.P. now owns 729,587 shares of the company’s stock valued at $57,367,000 after purchasing an additional 452,039 shares in the last quarter. Tradewinds Capital Management LLC grew its position in iShares Convertible Bond ETF by 5,430.7% during the first quarter. Tradewinds Capital Management LLC now owns 231,848 shares of the company’s stock valued at $18,508,000 after purchasing an additional 227,656 shares in the last quarter. Scarborough Advisors LLC purchased a new position in iShares Convertible Bond ETF during the fourth quarter valued at approximately $15,394,000. Finally, Certified Advisory Corp bought a new stake in iShares Convertible Bond ETF in the second quarter worth approximately $12,818,000.

iShares Convertible Bond ETF Price Performance

ICVT stock opened at $83.64 on Tuesday. iShares Convertible Bond ETF has a 12 month low of $50.43 and a 12 month high of $58.18. The firm has a 50 day moving average of $80.52 and a two-hundred day moving average of $79.23.

iShares Convertible Bond ETF Cuts Dividend

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