iShares Convertible Bond ETF (BATS:ICVT) is Florin Court Capital LLP’s 9th Largest Position

Florin Court Capital LLP decreased its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 9.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 54,508 shares of the company’s stock after selling 5,900 shares during the quarter. iShares Convertible Bond ETF comprises about 4.8% of Florin Court Capital LLP’s investment portfolio, making the stock its 9th largest holding. Florin Court Capital LLP’s holdings in iShares Convertible Bond ETF were worth $4,632,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of ICVT. PSI Advisors LLC acquired a new position in shares of iShares Convertible Bond ETF during the fourth quarter worth about $29,000. Spire Wealth Management grew its position in shares of iShares Convertible Bond ETF by 56.9% during the fourth quarter. Spire Wealth Management now owns 452 shares of the company’s stock worth $38,000 after buying an additional 164 shares in the last quarter. LGT Financial Advisors LLC grew its position in shares of iShares Convertible Bond ETF by 45.3% during the third quarter. LGT Financial Advisors LLC now owns 526 shares of the company’s stock worth $44,000 after buying an additional 164 shares in the last quarter. Endeavor Private Wealth Inc. acquired a new position in shares of iShares Convertible Bond ETF during the fourth quarter worth about $45,000. Finally, Elevation Wealth Partners LLC grew its position in shares of iShares Convertible Bond ETF by 42.6% during the fourth quarter. Elevation Wealth Partners LLC now owns 897 shares of the company’s stock worth $76,000 after buying an additional 268 shares in the last quarter.

iShares Convertible Bond ETF Price Performance

Shares of iShares Convertible Bond ETF stock opened at $88.50 on Friday. iShares Convertible Bond ETF has a one year low of $50.43 and a one year high of $58.18. The business has a 50-day simple moving average of $87.01 and a 200-day simple moving average of $84.85.

iShares Convertible Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.1406 dividend. The ex-dividend date was Monday, February 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.