Creative Planning Has $278,000 Position in iShares Convertible Bond ETF (BATS:ICVT)

Creative Planning lifted its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 12.3% during the 3rd quarter, Holdings Channel reports. The firm owned 3,325 shares of the company’s stock after purchasing an additional 363 shares during the quarter. Creative Planning’s holdings in iShares Convertible Bond ETF were worth $278,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

iShares Convertible Bond ETF Price Performance

iShares Convertible Bond ETF stock opened at $86.19 on Friday. iShares Convertible Bond ETF has a twelve month low of $50.43 and a twelve month high of $58.18. The company’s 50-day moving average price is $83.13 and its two-hundred day moving average price is $80.41.

iShares Convertible Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.1528 dividend. 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.