Quad Cities Investment Group LLC Sells 268 Shares of iShares Convertible Bond ETF (BATS:ICVT)

Quad Cities Investment Group LLC decreased its position in iShares Convertible Bond ETF (BATS:ICVT) by 3.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 7,014 shares of the company’s stock after selling 268 shares during the period. Quad Cities Investment Group LLC’s holdings in iShares Convertible Bond ETF were worth $536,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in ICVT. Jane Street Group LLC lifted its position in iShares Convertible Bond ETF by 604.6% during the first quarter. Jane Street Group LLC now owns 915,343 shares of the company’s stock valued at $66,472,000 after buying an additional 785,426 shares during the period. Tradewinds Capital Management LLC purchased a new position in iShares Convertible Bond ETF during the first quarter valued at $34,625,000. Gradient Investments LLC lifted its position in iShares Convertible Bond ETF by 247,019.1% during the second quarter. Gradient Investments LLC now owns 375,621 shares of the company’s stock valued at $28,682,000 after buying an additional 375,469 shares during the period. Assetmark Inc. lifted its position in iShares Convertible Bond ETF by 147.7% during the fourth quarter. Assetmark Inc. now owns 549,281 shares of the company’s stock valued at $38,159,000 after buying an additional 327,513 shares during the period. Finally, BlackRock Inc. raised its position in shares of iShares Convertible Bond ETF by 57,927.6% in the 1st quarter. BlackRock Inc. now owns 221,085 shares of the company’s stock worth $18,420,000 after purchasing an additional 220,704 shares during the last quarter.

iShares Convertible Bond ETF Price Performance

Shares of ICVT traded down $0.30 during trading hours on Monday, hitting $75.25. The company had a trading volume of 127,077 shares. The firm has a fifty day moving average price of $76.32 and a 200-day moving average price of $74.04. iShares Convertible Bond ETF has a 52-week low of $50.43 and a 52-week high of $58.18.

iShares Convertible Bond ETF Announces Dividend

The company also recently declared a dividend, which was paid on Monday, July 10th. Shareholders of record on Wednesday, July 5th were paid a dividend of $0.0785 per share. The ex-dividend date of this dividend was Monday, July 3rd.

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.