Global Financial Private Capital LLC acquired a new position in shares of iShares Convertible Bond ETF (BATS:ICVT) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 6,632 shares of the company’s stock, valued at approximately $366,000.
Separately, Newfound Research LLC increased its position in iShares Convertible Bond ETF by 216.3% during the fourth quarter. Newfound Research LLC now owns 7,427 shares of the company’s stock worth $409,000 after buying an additional 5,079 shares in the last quarter.
iShares Convertible Bond ETF (ICVT) opened at $57.45 on Wednesday. iShares Convertible Bond ETF has a 1 year low of $50.43 and a 1 year high of $57.89.
The business also recently declared a monthly dividend, which will be paid on Wednesday, March 7th. Shareholders of record on Friday, March 2nd will be given a dividend of $0.099 per share. This is an increase from iShares Convertible Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend is Thursday, March 1st. This represents a $1.19 annualized dividend and a yield of 2.07%.