J.W. Cole Advisors Inc. Increases Holdings in iShares Convertible Bond ETF (BATS:ICVT)

J.W. Cole Advisors Inc. increased its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT) by 11.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,193 shares of the company’s stock after purchasing an additional 1,151 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in iShares Convertible Bond ETF were worth $937,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Advisors Preferred LLC purchased a new position in shares of iShares Convertible Bond ETF during the first quarter valued at about $26,000. EverSource Wealth Advisors LLC grew its holdings in iShares Convertible Bond ETF by 210.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 323 shares of the company’s stock valued at $26,000 after buying an additional 219 shares in the last quarter. LGT Financial Advisors LLC increased its stake in iShares Convertible Bond ETF by 336.1% in the 2nd quarter. LGT Financial Advisors LLC now owns 362 shares of the company’s stock worth $29,000 after acquiring an additional 279 shares during the last quarter. LRI Investments LLC purchased a new stake in shares of iShares Convertible Bond ETF during the 1st quarter worth approximately $29,000. Finally, International Assets Investment Management LLC bought a new position in shares of iShares Convertible Bond ETF during the 2nd quarter valued at approximately $33,000.

iShares Convertible Bond ETF Stock Down 0.3 %

iShares Convertible Bond ETF stock opened at $84.75 on Wednesday. iShares Convertible Bond ETF has a 52-week low of $50.43 and a 52-week high of $58.18. The firm’s fifty day moving average is $82.52 and its 200 day moving average is $79.98.

iShares Convertible Bond ETF Cuts Dividend

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