iShares Convertible Bond ETF (BATS:ICVT) Sets New 1-Year High at $78.14

iShares Convertible Bond ETF (BATS:ICVT) shares reached a new 52-week high during trading on Monday . The company traded as high as $78.14 and last traded at $78.51, with a volume of 190581 shares changing hands. The stock had previously closed at $77.87.

iShares Convertible Bond ETF Price Performance

The business has a fifty day moving average price of $78.26 and a 200 day moving average price of $76.74.

iShares Convertible Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a $0.1346 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is a boost from iShares Convertible Bond ETF’s previous dividend of $0.12.

Institutional Trading of iShares Convertible Bond ETF

A number of large investors have recently made changes to their positions in ICVT. Raymond James Financial Services Advisors Inc. boosted its position in shares of iShares Convertible Bond ETF by 7.7% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 85,931 shares of the company’s stock valued at $6,377,000 after purchasing an additional 6,107 shares during the period. Park Avenue Securities LLC acquired a new stake in iShares Convertible Bond ETF during the 3rd quarter worth approximately $501,000. Gradient Investments LLC lifted its position in iShares Convertible Bond ETF by 0.9% during the 3rd quarter. Gradient Investments LLC now owns 378,945 shares of the company’s stock worth $28,121,000 after acquiring an additional 3,324 shares during the period. Assetmark Inc. lifted its position in iShares Convertible Bond ETF by 7.4% during the 3rd quarter. Assetmark Inc. now owns 396,757 shares of the company’s stock worth $29,443,000 after acquiring an additional 27,290 shares during the period. Finally, Tradewinds Capital Management LLC lifted its position in iShares Convertible Bond ETF by 46,715.7% during the 3rd quarter. Tradewinds Capital Management LLC now owns 618,903 shares of the company’s stock worth $45,929,000 after acquiring an additional 617,581 shares during the period.

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.