Proequities Inc. purchased a new stake in iShares Convertible Bond ETF (BATS:ICVT) during the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 6,870 shares of the company’s stock, valued at approximately $411,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Nomura Asset Management Co. Ltd. acquired a new position in shares of iShares Convertible Bond ETF during the 2nd quarter valued at $1,590,000. IFP Advisors Inc lifted its holdings in shares of iShares Convertible Bond ETF by 116.3% during the 2nd quarter. IFP Advisors Inc now owns 7,658 shares of the company’s stock valued at $442,000 after acquiring an additional 4,118 shares in the last quarter. First Allied Advisory Services Inc. lifted its holdings in shares of iShares Convertible Bond ETF by 54.3% during the 2nd quarter. First Allied Advisory Services Inc. now owns 13,875 shares of the company’s stock valued at $802,000 after acquiring an additional 4,880 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of iShares Convertible Bond ETF by 28.1% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 12,928 shares of the company’s stock valued at $746,000 after acquiring an additional 2,836 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of iShares Convertible Bond ETF by 4.7% during the 2nd quarter. Bank of America Corp DE now owns 147,927 shares of the company’s stock valued at $8,537,000 after acquiring an additional 6,674 shares in the last quarter.

BATS:ICVT opened at $55.42 on Wednesday. iShares Convertible Bond ETF has a twelve month low of $50.43 and a twelve month high of $58.18.

The firm also recently announced a special dividend, which will be paid on Friday, December 7th. Investors of record on Tuesday, December 4th will be issued a dividend of $0.1499 per share. The ex-dividend date of this dividend is Monday, December 3rd. This represents a dividend yield of 12.61%.

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

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