One Wealth Advisors LLC Buys 1,034 Shares of iShares Convertible Bond ETF (BATS:ICVT)

One Wealth Advisors LLC grew its stake in iShares Convertible Bond ETF (BATS:ICVT) by 25.0% during the fourth quarter, Holdings Channel reports. The firm owned 5,167 shares of the company’s stock after purchasing an additional 1,034 shares during the period. One Wealth Advisors LLC’s holdings in iShares Convertible Bond ETF were worth $439,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. PSI Advisors LLC purchased a new stake in iShares Convertible Bond ETF in the 4th quarter valued at $29,000. Spire Wealth Management lifted its position in shares of iShares Convertible Bond ETF by 56.9% during the fourth quarter. Spire Wealth Management now owns 452 shares of the company’s stock valued at $38,000 after purchasing an additional 164 shares in the last quarter. LGT Financial Advisors LLC boosted its holdings in iShares Convertible Bond ETF by 45.3% during the third quarter. LGT Financial Advisors LLC now owns 526 shares of the company’s stock worth $44,000 after purchasing an additional 164 shares during the last quarter. Endeavor Private Wealth Inc. bought a new stake in iShares Convertible Bond ETF in the 4th quarter worth about $45,000. Finally, First Horizon Advisors Inc. increased its stake in iShares Convertible Bond ETF by 25.7% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,535 shares of the company’s stock valued at $129,000 after buying an additional 314 shares during the last quarter.

iShares Convertible Bond ETF Price Performance

iShares Convertible Bond ETF stock opened at $87.77 on Monday. iShares Convertible Bond ETF has a 52 week low of $50.43 and a 52 week high of $58.18. The company’s 50 day moving average price is $87.19 and its two-hundred day moving average price is $84.09.

iShares Convertible Bond ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, February 6th. Investors of record on Monday, February 3rd will be issued a dividend of $0.1406 per share. The ex-dividend date of this dividend is Monday, February 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.