iShares Convertible Bond ETF (BATS:ICVT) Shares Sold by Scissortail Wealth Management LLC

Scissortail Wealth Management LLC cut its stake in iShares Convertible Bond ETF (BATS:ICVT) by 8.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,633 shares of the company’s stock after selling 637 shares during the period. Scissortail Wealth Management LLC’s holdings in iShares Convertible Bond ETF were worth $519,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of ICVT. Cary Street Partners Investment Advisory LLC raised its holdings in iShares Convertible Bond ETF by 100.0% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 348 shares of the company’s stock valued at $26,000 after buying an additional 174 shares during the period. ICA Group Wealth Management LLC purchased a new position in iShares Convertible Bond ETF in the fourth quarter valued at approximately $31,000. Blue Trust Inc. raised its holdings in iShares Convertible Bond ETF by 91.0% in the fourth quarter. Blue Trust Inc. now owns 466 shares of the company’s stock valued at $34,000 after buying an additional 222 shares during the period. Resurgent Financial Advisors LLC purchased a new position in iShares Convertible Bond ETF in the fourth quarter valued at approximately $41,000. Finally, AdvisorNet Financial Inc raised its holdings in iShares Convertible Bond ETF by 122.0% in the fourth quarter. AdvisorNet Financial Inc now owns 606 shares of the company’s stock valued at $48,000 after buying an additional 333 shares during the period.

iShares Convertible Bond ETF Trading Down 0.4 %

BATS ICVT traded down $0.30 during mid-day trading on Wednesday, hitting $76.72. The company’s stock had a trading volume of 419,012 shares. iShares Convertible Bond ETF has a 52-week low of $50.43 and a 52-week high of $58.18. The stock’s fifty day simple moving average is $78.49 and its two-hundred day simple moving average is $76.30.

iShares Convertible Bond ETF Increases Dividend

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

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.