Goldstein Advisors LLC Buys Shares of 2,428 iShares Convertible Bond ETF (BATS:ICVT)

Goldstein Advisors LLC purchased a new stake in shares of iShares Convertible Bond ETF (BATS:ICVT) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,428 shares of the company’s stock, valued at approximately $203,000.

A number of other institutional investors have also modified their holdings of ICVT. Pettinga Financial Advisors LLC purchased a new stake in iShares Convertible Bond ETF during the first quarter valued at approximately $351,000. Blair William & Co. IL boosted its position in shares of iShares Convertible Bond ETF by 19.2% in the 1st quarter. Blair William & Co. IL now owns 2,790 shares of the company’s stock worth $223,000 after purchasing an additional 449 shares in the last quarter. Kades & Cheifetz LLC grew its stake in iShares Convertible Bond ETF by 3.7% during the 3rd quarter. Kades & Cheifetz LLC now owns 64,697 shares of the company’s stock worth $5,413,000 after buying an additional 2,328 shares during the last quarter. Bank of Montreal Can increased its position in iShares Convertible Bond ETF by 857.2% during the 2nd quarter. Bank of Montreal Can now owns 26,389 shares of the company’s stock valued at $2,088,000 after buying an additional 23,632 shares in the last quarter. Finally, 1832 Asset Management L.P. raised its stake in iShares Convertible Bond ETF by 162.9% in the second quarter. 1832 Asset Management L.P. now owns 729,587 shares of the company’s stock valued at $57,367,000 after buying an additional 452,039 shares during the last quarter.

iShares Convertible Bond ETF Price Performance

Shares of BATS ICVT opened at $84.37 on Friday. iShares Convertible Bond ETF has a fifty-two week low of $50.43 and a fifty-two week high of $58.18. The business has a 50-day simple moving average of $82.34 and a two-hundred day simple moving average of $79.88.

iShares Convertible Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given 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.