28,580 Shares in iShares Convertible Bond ETF (ICVT) Acquired by Leicht Financial Planning & Wealth Management Inc.

Leicht Financial Planning & Wealth Management Inc. bought a new position in shares of iShares Convertible Bond ETF (BATS:ICVT) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 28,580 shares of the company’s stock, valued at approximately $1,711,000. iShares Convertible Bond ETF accounts for 2.0% of Leicht Financial Planning & Wealth Management Inc.’s holdings, making the stock its 17th biggest holding.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. WealthPLAN Partners LLC purchased a new position in shares of iShares Convertible Bond ETF in the 2nd quarter worth about $204,000. IFP Advisors Inc raised its holdings in shares of iShares Convertible Bond ETF by 116.3% in the 2nd quarter. IFP Advisors Inc now owns 7,658 shares of the company’s stock worth $442,000 after purchasing an additional 4,118 shares during the period. Hilltop Holdings Inc. purchased a new position in shares of iShares Convertible Bond ETF in the 2nd quarter worth about $495,000. Cambridge Investment Research Advisors Inc. raised its holdings in shares of iShares Convertible Bond ETF by 28.1% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 12,928 shares of the company’s stock worth $746,000 after purchasing an additional 2,836 shares during the period. Finally, First Allied Advisory Services Inc. raised its holdings in shares of iShares Convertible Bond ETF by 54.3% in the 2nd quarter. First Allied Advisory Services Inc. now owns 13,875 shares of the company’s stock worth $802,000 after purchasing an additional 4,880 shares during the period.

Shares of ICVT stock traded down $0.55 during trading hours on Friday, reaching $56.62. The company had a trading volume of 5,667 shares. iShares Convertible Bond ETF has a twelve month low of $50.43 and a twelve month high of $58.18.

The business also recently announced a monthly dividend, which was paid on Friday, October 5th. Stockholders of record on Tuesday, October 2nd were paid a $0.0738 dividend. The ex-dividend date of this dividend was Monday, October 1st. This represents a $0.89 dividend on an annualized basis and a dividend yield of 1.56%. This is a positive change from iShares Convertible Bond ETF’s previous monthly dividend of $0.07.

Further Reading: Stock Split

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Institutional Ownership by Quarter for iShares Convertible Bond ETF (BATS:ICVT)

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