Pictet North America Advisors SA Buys 81,916 Shares of iShares Convertible Bond ETF (BATS:ICVT)

Pictet North America Advisors SA raised its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT) by 55.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 229,300 shares of the company’s stock after buying an additional 81,916 shares during the period. iShares Convertible Bond ETF comprises approximately 1.9% of Pictet North America Advisors SA’s investment portfolio, making the stock its 16th biggest position. Pictet North America Advisors SA’s holdings in iShares Convertible Bond ETF were worth $19,484,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Icon Wealth Advisors LLC lifted its holdings in iShares Convertible Bond ETF by 4.9% during the third quarter. Icon Wealth Advisors LLC now owns 3,048 shares of the company’s stock worth $255,000 after buying an additional 142 shares during the period. LGT Financial Advisors LLC raised its stake in shares of iShares Convertible Bond ETF by 45.3% during the 3rd quarter. LGT Financial Advisors LLC now owns 526 shares of the company’s stock valued at $44,000 after buying an additional 164 shares during the last quarter. Spire Wealth Management raised its stake in shares of iShares Convertible Bond ETF by 56.9% during the 4th quarter. Spire Wealth Management now owns 452 shares of the company’s stock valued at $38,000 after buying an additional 164 shares during the last quarter. Capital Wealth Management LLC grew its position in shares of iShares Convertible Bond ETF by 0.4% during the 3rd quarter. Capital Wealth Management LLC now owns 40,021 shares of the company’s stock valued at $3,349,000 after acquiring an additional 171 shares during the period. Finally, Richard W. Paul & Associates LLC grew its position in shares of iShares Convertible Bond ETF by 1.7% during the 3rd quarter. Richard W. Paul & Associates LLC now owns 10,511 shares of the company’s stock valued at $879,000 after acquiring an additional 175 shares during the period.

iShares Convertible Bond ETF Price Performance

ICVT opened at $88.64 on Friday. The company’s 50 day simple moving average is $87.00 and its two-hundred day simple moving average is $84.50. iShares Convertible Bond ETF has a 1-year low of $50.43 and a 1-year high of $58.18.

iShares Convertible Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.1406 dividend. The ex-dividend date was Monday, February 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.