Millington Financial Advisors LLC Sells 800 Shares of iShares Convertible Bond ETF (BATS:ICVT)

Millington Financial Advisors LLC trimmed its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 9.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,681 shares of the company’s stock after selling 800 shares during the period. Millington Financial Advisors LLC’s holdings in iShares Convertible Bond ETF were worth $604,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in ICVT. Spire Wealth Management increased its position in shares of iShares Convertible Bond ETF by 2.1% during the third quarter. Spire Wealth Management now owns 6,987 shares of the company’s stock valued at $519,000 after purchasing an additional 143 shares during the period. Aspire Wealth Management Corp increased its holdings in iShares Convertible Bond ETF by 0.4% in the 4th quarter. Aspire Wealth Management Corp now owns 37,178 shares of the company’s stock valued at $2,922,000 after buying an additional 157 shares during the period. Cary Street Partners Investment Advisory LLC raised its stake in shares of iShares Convertible Bond ETF by 100.0% in the 3rd 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 in the last quarter. Harbor Investment Advisory LLC lifted its holdings in shares of iShares Convertible Bond ETF by 10.2% during the 4th quarter. Harbor Investment Advisory LLC now owns 1,984 shares of the company’s stock worth $156,000 after acquiring an additional 184 shares during the period. Finally, Blue Trust Inc. boosted its position in shares of iShares Convertible Bond ETF by 91.0% during the 4th quarter. Blue Trust Inc. now owns 466 shares of the company’s stock valued at $34,000 after acquiring an additional 222 shares in the last quarter.

iShares Convertible Bond ETF Stock Performance

BATS ICVT traded up $0.78 on Tuesday, reaching $77.33. The company’s stock had a trading volume of 241,050 shares. iShares Convertible Bond ETF has a 52 week low of $50.43 and a 52 week high of $58.18. The business has a 50-day moving average price of $78.34 and a 200 day moving average price of $76.39.

iShares Convertible Bond ETF Increases Dividend

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

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.