Pflug Koory LLC grew its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 5.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,719 shares of the company’s stock after purchasing an additional 296 shares during the period. Pflug Koory LLC’s holdings in iShares Convertible Bond ETF were worth $359,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Golden State Wealth Management LLC raised its position in iShares Convertible Bond ETF by 27.5% during the third quarter. Golden State Wealth Management LLC now owns 1,183 shares of the company’s stock valued at $69,000 after buying an additional 255 shares during the period. Gladstone Institutional Advisory LLC grew its position in iShares Convertible Bond ETF by 4.9% during the second quarter. Gladstone Institutional Advisory LLC now owns 7,709 shares of the company’s stock valued at $459,000 after purchasing an additional 359 shares in the last quarter. Newfound Research LLC grew its position in iShares Convertible Bond ETF by 18.8% during the third quarter. Newfound Research LLC now owns 5,730 shares of the company’s stock valued at $333,000 after purchasing an additional 906 shares in the last quarter. Transamerica Financial Advisors Inc. acquired a new position in iShares Convertible Bond ETF in the 2nd quarter valued at approximately $55,000. Finally, Cedar Brook Financial Partners LLC increased its stake in iShares Convertible Bond ETF by 13.8% in the 3rd quarter. Cedar Brook Financial Partners LLC now owns 9,494 shares of the company’s stock valued at $552,000 after buying an additional 1,154 shares during the period.

Shares of iShares Convertible Bond ETF stock traded up $0.12 on Tuesday, hitting $64.77. 345,790 shares of the company traded hands. iShares Convertible Bond ETF has a 12-month low of $50.43 and a 12-month high of $58.18. The company has a 50-day moving average price of $62.26 and a 200 day moving average price of $60.17.

The company also recently declared a monthly dividend, which was paid on Thursday, December 26th. Stockholders of record on Friday, December 20th were paid a dividend of $0.302 per share. The ex-dividend date of this dividend was Thursday, December 19th. This is an increase from iShares Convertible Bond ETF’s previous monthly dividend of $0.07. This represents a $3.62 dividend on an annualized basis and a dividend yield of 5.60%.

Further Reading: What is a stock buyback?

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

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