iShares Convertible Bond ETF (BATS:ICVT) Reaches New 52-Week High at $81.63

iShares Convertible Bond ETF (BATS:ICVT)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $81.63 and last traded at $81.57, with a volume of 102528 shares traded. The stock had previously closed at $81.30.

iShares Convertible Bond ETF Stock Up 0.3 %

The stock has a 50 day moving average of $79.91 and a 200 day moving average of $78.92.

iShares Convertible Bond ETF Cuts Dividend

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

Hedge Funds Weigh In On iShares Convertible Bond ETF

Large investors have recently bought and sold shares of the business. 1832 Asset Management L.P. bought a new position in iShares Convertible Bond ETF in the fourth quarter worth about $22,354,000. 360 Financial Inc. lifted its holdings in iShares Convertible Bond ETF by 47.9% in the fourth quarter. 360 Financial Inc. now owns 95,330 shares of the company’s stock worth $7,492,000 after acquiring an additional 30,885 shares during the last quarter. Avantax Advisory Services Inc. lifted its holdings in iShares Convertible Bond ETF by 39.0% in the fourth quarter. Avantax Advisory Services Inc. now owns 18,181 shares of the company’s stock worth $1,429,000 after acquiring an additional 5,100 shares during the last quarter. Pettinga Financial Advisors LLC bought a new position in iShares Convertible Bond ETF in the first quarter worth about $351,000. Finally, Blair William & Co. IL lifted its holdings in iShares Convertible Bond ETF by 19.2% in the first quarter. Blair William & Co. IL now owns 2,790 shares of the company’s stock worth $223,000 after acquiring an additional 449 shares during the last quarter.

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.