Northwest Capital Management Inc Buys 1,126 Shares of iShares Convertible Bond ETF (BATS:ICVT)

Northwest Capital Management Inc raised its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 21.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,496 shares of the company’s stock after purchasing an additional 1,126 shares during the period. Northwest Capital Management Inc’s holdings in iShares Convertible Bond ETF were worth $544,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Advisors Preferred LLC bought a new stake in shares of iShares Convertible Bond ETF during the 1st quarter worth $26,000. EverSource Wealth Advisors LLC increased its stake 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 worth $26,000 after purchasing an additional 219 shares during the period. LRI Investments LLC acquired a new position in shares of iShares Convertible Bond ETF during the 1st quarter worth about $29,000. LGT Financial Advisors LLC lifted its position 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 purchasing an additional 279 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in iShares Convertible Bond ETF in the 2nd quarter valued at approximately $33,000.

iShares Convertible Bond ETF Stock Performance

BATS ICVT opened at $83.40 on Wednesday. The company’s fifty day moving average is $80.94 and its two-hundred day moving average is $79.43. iShares Convertible Bond ETF has a 52-week low of $50.43 and a 52-week high of $58.18.

iShares Convertible Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.1528 per share. The ex-dividend date 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.