360 Financial Inc. Has $12.01 Million Stock Holdings in iShares Convertible Bond ETF (BATS:ICVT)

360 Financial Inc. lifted its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 3.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 141,367 shares of the company’s stock after purchasing an additional 4,951 shares during the period. iShares Convertible Bond ETF accounts for approximately 4.3% of 360 Financial Inc.’s portfolio, making the stock its 9th biggest holding. 360 Financial Inc.’s holdings in iShares Convertible Bond ETF were worth $12,012,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in ICVT. Orion Portfolio Solutions LLC increased its position in iShares Convertible Bond ETF by 10.8% in the 4th quarter. Orion Portfolio Solutions LLC now owns 4,221 shares of the company’s stock worth $359,000 after buying an additional 413 shares during the period. Hennion & Walsh Asset Management Inc. raised its stake in iShares Convertible Bond ETF by 23.4% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 4,033 shares of the company’s stock valued at $343,000 after purchasing an additional 766 shares during the last quarter. SG Americas Securities LLC acquired a new position in iShares Convertible Bond ETF during the 4th quarter valued at $544,000. Truist Financial Corp boosted its holdings in iShares Convertible Bond ETF by 11.0% in the 4th quarter. Truist Financial Corp now owns 43,458 shares of the company’s stock valued at $3,693,000 after purchasing an additional 4,300 shares during the period. Finally, JPMorgan Chase & Co. grew its position in iShares Convertible Bond ETF by 32.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 228,239 shares of the company’s stock worth $19,097,000 after purchasing an additional 56,149 shares during the last quarter.

iShares Convertible Bond ETF Stock Down 0.3 %

Shares of ICVT opened at $84.90 on Friday. The company has a 50-day simple moving average of $83.55 and a 200-day simple moving average of $85.68. iShares Convertible Bond ETF has a 52 week low of $75.97 and a 52 week high of $89.71.

iShares Convertible Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.1466 dividend. The ex-dividend date was Monday, March 3rd. This is an increase from iShares Convertible Bond ETF’s previous dividend of $0.14.

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.