iShares Convertible Bond ETF (BATS:ICVT) Shares Purchased by LPL Financial LLC

LPL Financial LLC increased its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT) by 8.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 503,155 shares of the company’s stock after purchasing an additional 38,791 shares during the period. LPL Financial LLC owned 2.08% of iShares Convertible Bond ETF worth $39,563,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of ICVT. Advisors Preferred LLC acquired a new stake in shares of iShares Convertible Bond ETF in the 1st quarter worth $26,000. LRI Investments LLC acquired a new stake in shares of iShares Convertible Bond ETF in the 1st quarter worth $29,000. LGT Financial Advisors LLC lifted its stake in shares of 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 period. International Assets Investment Management LLC acquired a new stake in shares of iShares Convertible Bond ETF in the 2nd quarter worth $33,000. Finally, Banque Cantonale Vaudoise lifted its stake in shares of iShares Convertible Bond ETF by 34.0% in the 1st quarter. Banque Cantonale Vaudoise now owns 670 shares of the company’s stock worth $53,000 after acquiring an additional 170 shares during the period.

iShares Convertible Bond ETF Stock Performance

ICVT stock opened at $81.30 on Monday. The company has a fifty day moving average of $79.91 and a 200-day moving average of $78.91. iShares Convertible Bond ETF has a one year low of $50.43 and a one year high of $58.18.

iShares Convertible Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued 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.