iShares Convertible Bond ETF (BATS:ICVT) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lessened its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 34.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 41,122 shares of the company’s stock after selling 21,185 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.17% of iShares Convertible Bond ETF worth $3,233,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Stifel Financial Corp lifted its stake in iShares Convertible Bond ETF by 0.3% during the fourth quarter. Stifel Financial Corp now owns 77,839 shares of the company’s stock worth $6,117,000 after purchasing an additional 200 shares during the last quarter. Scotia Capital Inc. lifted its position in shares of iShares Convertible Bond ETF by 9.2% during the 4th quarter. Scotia Capital Inc. now owns 3,344 shares of the company’s stock worth $263,000 after buying an additional 283 shares during the last quarter. 360 Financial Inc. boosted its holdings in shares of iShares Convertible Bond ETF by 47.9% in the 4th quarter. 360 Financial Inc. now owns 95,330 shares of the company’s stock valued at $7,492,000 after buying an additional 30,885 shares in the last quarter. Oppenheimer & Co. Inc. grew its position in shares of iShares Convertible Bond ETF by 1.0% in the 4th quarter. Oppenheimer & Co. Inc. now owns 24,724 shares of the company’s stock valued at $1,943,000 after buying an additional 234 shares during the last quarter. Finally, 1832 Asset Management L.P. purchased a new position in shares of iShares Convertible Bond ETF in the 4th quarter valued at $22,354,000.

iShares Convertible Bond ETF Price Performance

Shares of ICVT opened at $83.51 on Monday. iShares Convertible Bond ETF has a 1-year low of $50.43 and a 1-year high of $58.18. The firm has a fifty day moving average price of $80.46 and a 200 day moving average price of $79.20.

iShares Convertible Bond ETF Cuts Dividend

The company also recently announced 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 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.