iShares Convertible Bond ETF (ICVT) Shares Bought by Bank of America Corp DE

Bank of America Corp DE increased its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT) by 4.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 147,927 shares of the company’s stock after purchasing an additional 6,674 shares during the quarter. Bank of America Corp DE’s holdings in iShares Convertible Bond ETF were worth $8,537,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in ICVT. Nomura Asset Management Co. Ltd. acquired a new position in iShares Convertible Bond ETF during the second quarter worth $1,590,000. Allianz Life Insurance Co. of North America acquired a new position in iShares Convertible Bond ETF during the second quarter worth $1,078,000. LPL Financial LLC boosted its holdings in iShares Convertible Bond ETF by 30.3% during the first quarter. LPL Financial LLC now owns 40,643 shares of the company’s stock worth $2,289,000 after purchasing an additional 9,441 shares during the last quarter. First Allied Advisory Services Inc. boosted its holdings in iShares Convertible Bond ETF by 54.3% during the second 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 last quarter. Finally, IFP Advisors Inc boosted its holdings in iShares Convertible Bond ETF by 116.3% during the second 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 last quarter.

Shares of ICVT opened at $56.21 on Friday. iShares Convertible Bond ETF has a 12 month low of $50.43 and a 12 month high of $58.18.

The firm also recently announced a monthly dividend, which was paid on Friday, October 5th. Investors of record on Tuesday, October 2nd were issued a dividend of $0.0738 per share. This is a boost from iShares Convertible Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, October 1st. This represents a $0.89 annualized dividend and a yield of 1.58%.

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

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