VitalStone Financial LLC Sells 234 Shares of iShares Convertible Bond ETF (BATS:ICVT)

VitalStone Financial LLC trimmed its position in iShares Convertible Bond ETF (BATS:ICVT) by 32.0% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 498 shares of the company’s stock after selling 234 shares during the period. VitalStone Financial LLC’s holdings in iShares Convertible Bond ETF were worth $42,000 as of its most recent filing with the SEC.

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

iShares Convertible Bond ETF Stock Performance

Shares of BATS:ICVT opened at $84.47 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 $81.35 and a 200-day moving average of $79.54.

iShares Convertible Bond ETF Cuts Dividend

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