Global Retirement Partners LLC Purchases 1,367 Shares of iShares Convertible Bond ETF (BATS:ICVT)

Global Retirement Partners LLC grew its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT) by 78.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,102 shares of the company’s stock after buying an additional 1,367 shares during the period. Global Retirement Partners LLC’s holdings in iShares Convertible Bond ETF were worth $264,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Lebenthal Global Advisors LLC lifted its position in iShares Convertible Bond ETF by 83.6% during the 4th quarter. Lebenthal Global Advisors LLC now owns 418,271 shares of the company’s stock valued at $35,540,000 after acquiring an additional 190,400 shares during the period. Assetmark Inc. increased its stake in shares of iShares Convertible Bond ETF by 150.4% during the third quarter. Assetmark Inc. now owns 254,643 shares of the company’s stock valued at $21,306,000 after purchasing an additional 152,939 shares in the last quarter. Insight Wealth Strategies LLC purchased a new position in shares of iShares Convertible Bond ETF during the fourth quarter valued at approximately $10,815,000. Redhawk Wealth Advisors Inc. bought a new stake in shares of iShares Convertible Bond ETF in the 4th quarter worth approximately $9,321,000. Finally, Ocean Park Asset Management LLC boosted its position in shares of iShares Convertible Bond ETF by 32.8% in the 4th quarter. Ocean Park Asset Management LLC now owns 356,700 shares of the company’s stock worth $30,309,000 after purchasing an additional 88,100 shares in the last quarter.

iShares Convertible Bond ETF Stock Up 1.8 %

ICVT stock opened at $86.63 on Tuesday. The business has a 50 day moving average of $86.96 and a 200 day moving average of $85.08. iShares Convertible Bond ETF has a twelve month low of $50.43 and a twelve month high of $58.18.

iShares Convertible Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.1406 per share. 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.