Aptus Capital Advisors LLC Buys 197 Shares of iShares Convertible Bond ETF (BATS:ICVT)

Aptus Capital Advisors LLC grew its position in iShares Convertible Bond ETF (BATS:ICVT) by 18.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,279 shares of the company’s stock after purchasing an additional 197 shares during the quarter. Aptus Capital Advisors LLC’s holdings in iShares Convertible Bond ETF were worth $109,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of ICVT. Orion Portfolio Solutions LLC lifted its position in iShares Convertible Bond ETF by 10.8% during the 4th quarter. Orion Portfolio Solutions LLC now owns 4,221 shares of the company’s stock worth $359,000 after acquiring an additional 413 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its position in shares of iShares Convertible Bond ETF by 23.4% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 4,033 shares of the company’s stock worth $343,000 after purchasing an additional 766 shares during the last quarter. SG Americas Securities LLC acquired a new position in shares of iShares Convertible Bond ETF during the 4th quarter worth about $544,000. Truist Financial Corp boosted its stake in iShares Convertible Bond ETF by 11.0% during the 4th quarter. Truist Financial Corp now owns 43,458 shares of the company’s stock valued at $3,693,000 after purchasing an additional 4,300 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in iShares Convertible Bond ETF by 32.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 228,239 shares of the company’s stock valued at $19,097,000 after buying an additional 56,149 shares during the last quarter.

iShares Convertible Bond ETF Trading Up 1.8 %

Shares of ICVT stock opened at $86.64 on Friday. The stock has a 50 day moving average of $83.55 and a 200-day moving average of $85.73. iShares Convertible Bond ETF has a 12 month low of $75.97 and a 12 month high of $89.71.

iShares Convertible Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.1466 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is an increase from iShares Convertible Bond ETF’s previous dividend of $0.14.

About iShares Convertible Bond ETF

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.