1832 Asset Management L.P. Has $57.37 Million Position in iShares Convertible Bond ETF (BATS:ICVT)

1832 Asset Management L.P. increased its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 162.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 729,587 shares of the company’s stock after acquiring an additional 452,039 shares during the quarter. 1832 Asset Management L.P. owned approximately 3.01% of iShares Convertible Bond ETF worth $57,367,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Stokes Family Office LLC boosted its position in shares of iShares Convertible Bond ETF by 3.8% during the 2nd quarter. Stokes Family Office LLC now owns 3,808 shares of the company’s stock worth $299,000 after purchasing an additional 141 shares in the last quarter. Windsor Capital Management LLC boosted its holdings in iShares Convertible Bond ETF by 1.5% in the first quarter. Windsor Capital Management LLC now owns 9,691 shares of the company’s stock worth $774,000 after acquiring an additional 147 shares in the last quarter. Austin Private Wealth LLC grew its stake in iShares Convertible Bond ETF by 2.7% in the second quarter. Austin Private Wealth LLC now owns 5,693 shares of the company’s stock valued at $448,000 after acquiring an additional 152 shares during the period. Horst & Graben Wealth Management LLC increased its holdings in shares of iShares Convertible Bond ETF by 1.3% during the second quarter. Horst & Graben Wealth Management LLC now owns 11,977 shares of the company’s stock valued at $942,000 after acquiring an additional 153 shares in the last quarter. Finally, O ROURKE & COMPANY Inc raised its position in shares of iShares Convertible Bond ETF by 3.5% during the first quarter. O ROURKE & COMPANY Inc now owns 4,664 shares of the company’s stock worth $372,000 after purchasing an additional 156 shares during the period.

iShares Convertible Bond ETF Price Performance

BATS ICVT opened at $82.49 on Monday. The company has a fifty day simple moving average of $80.18 and a 200 day simple moving average of $79.05. iShares Convertible Bond ETF has a 12-month low of $50.43 and a 12-month high of $58.18.

iShares Convertible Bond ETF Cuts Dividend

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