Park Place Capital Corp Has $121,000 Holdings in iShares Convertible Bond ETF (BATS:ICVT)

Park Place Capital Corp lifted its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 54.1% in the 1st quarter, Holdings Channel reports. The firm owned 1,516 shares of the company’s stock after buying an additional 532 shares during the quarter. Park Place Capital Corp’s holdings in iShares Convertible Bond ETF were worth $121,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Blue Trust Inc. lifted its stake in shares of iShares Convertible Bond ETF by 91.0% in the 4th quarter. Blue Trust Inc. now owns 466 shares of the company’s stock valued at $34,000 after purchasing an additional 222 shares during the last quarter. AdvisorNet Financial Inc lifted its position in iShares Convertible Bond ETF by 122.0% during the 4th quarter. AdvisorNet Financial Inc now owns 606 shares of the company’s stock worth $48,000 after acquiring an additional 333 shares during the last quarter. Banque Cantonale Vaudoise lifted its position in iShares Convertible Bond ETF by 34.0% during the 1st quarter. Banque Cantonale Vaudoise now owns 670 shares of the company’s stock worth $53,000 after acquiring an additional 170 shares during the last quarter. Pinnacle Holdings LLC acquired a new position in iShares Convertible Bond ETF during the 4th quarter worth $133,000. Finally, Global Retirement Partners LLC lifted its position in iShares Convertible Bond ETF by 250.0% during the 4th quarter. Global Retirement Partners LLC now owns 1,890 shares of the company’s stock worth $146,000 after acquiring an additional 1,350 shares during the last quarter.

iShares Convertible Bond ETF Stock Down 0.2 %

iShares Convertible Bond ETF stock traded down $0.14 on Monday, reaching $78.33. 182,265 shares of the stock were exchanged. iShares Convertible Bond ETF has a twelve month low of $50.43 and a twelve month high of $58.18. The firm has a fifty day moving average price of $78.23 and a two-hundred day moving average price of $78.14.

iShares Convertible Bond ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, July 5th. Shareholders of record on Monday, July 1st will be given a dividend of $0.1563 per share. This is a positive change from iShares Convertible Bond ETF’s previous dividend of $0.15. The ex-dividend date of this dividend is Monday, July 1st.

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.