OneDigital Investment Advisors LLC Increases Position in iShares Convertible Bond ETF (BATS:ICVT)

OneDigital Investment Advisors LLC grew its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT) by 3.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 135,765 shares of the company’s stock after acquiring an additional 5,049 shares during the period. OneDigital Investment Advisors LLC’s holdings in iShares Convertible Bond ETF were worth $11,359,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Florin Court Capital LLP purchased a new position in shares of iShares Convertible Bond ETF in the 3rd quarter worth about $5,054,000. Cornerstone Planning Group LLC lifted its stake in shares of iShares Convertible Bond ETF by 5.0% in the third quarter. Cornerstone Planning Group LLC now owns 162,997 shares of the company’s stock worth $13,814,000 after buying an additional 7,810 shares in the last quarter. Sigma Planning Corp bought a new stake in shares of iShares Convertible Bond ETF during the third quarter valued at approximately $566,000. Assetmark Inc. increased its position 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 acquiring an additional 152,939 shares in the last quarter. Finally, LGT Financial Advisors LLC raised its holdings in iShares Convertible Bond ETF by 45.3% in the 3rd quarter. LGT Financial Advisors LLC now owns 526 shares of the company’s stock worth $44,000 after acquiring an additional 164 shares during the last quarter.

iShares Convertible Bond ETF Trading Down 0.6 %

Shares of ICVT opened at $86.27 on Friday. The business’s fifty day simple moving average is $83.64 and its two-hundred day simple moving average is $80.66. iShares Convertible Bond ETF has a 12 month low of $50.43 and a 12 month high of $58.18.

iShares Convertible Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.1528 per share. The ex-dividend date was Tuesday, September 3rd.

About iShares Convertible Bond ETF

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.