Cedar Brook Financial Partners LLC increased its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 92.9% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,752 shares of the company’s stock after buying an additional 3,733 shares during the period. Cedar Brook Financial Partners LLC’s holdings in iShares Convertible Bond ETF were worth $449,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Certified Advisory Corp boosted its position in iShares Convertible Bond ETF by 225.4% during the fourth quarter. Certified Advisory Corp now owns 807 shares of the company’s stock worth $42,000 after purchasing an additional 559 shares during the period. Harvest Group Wealth Management LLC bought a new position in iShares Convertible Bond ETF during the first quarter worth about $57,000. Cetera Advisors LLC bought a new position in iShares Convertible Bond ETF during the first quarter worth about $88,000. Citigroup Inc. boosted its position in iShares Convertible Bond ETF by 14.2% during the fourth quarter. Citigroup Inc. now owns 2,647 shares of the company’s stock worth $139,000 after purchasing an additional 330 shares during the period. Finally, Stephens Inc. AR bought a new position in iShares Convertible Bond ETF during the fourth quarter worth about $248,000.

Shares of BATS:ICVT opened at $57.94 on Thursday. 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 monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were given a dividend of $0.0777 per share. The ex-dividend date was Wednesday, May 1st. This represents a $0.93 dividend on an annualized basis and a yield of 1.61%.

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

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