AMG National Trust Bank Has $57.52 Million Stock Position in iShares Convertible Bond ETF $ICVT

AMG National Trust Bank boosted its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT) by 7.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 565,061 shares of the company’s stock after buying an additional 39,016 shares during the quarter. iShares Convertible Bond ETF makes up approximately 1.2% of AMG National Trust Bank’s investment portfolio, making the stock its 16th largest position. AMG National Trust Bank owned approximately 2.02% of iShares Convertible Bond ETF worth $57,518,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Strategic Advocates LLC boosted its stake in shares of iShares Convertible Bond ETF by 94.8% during the 4th quarter. Strategic Advocates LLC now owns 372 shares of the company’s stock worth $37,000 after acquiring an additional 181 shares during the period. Sunbelt Securities Inc. raised its stake in iShares Convertible Bond ETF by 36.5% in the 3rd quarter. Sunbelt Securities Inc. now owns 389 shares of the company’s stock valued at $39,000 after acquiring an additional 104 shares during the period. CIBC Private Wealth Group LLC raised its stake in iShares Convertible Bond ETF by 160.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 610 shares of the company’s stock valued at $60,000 after acquiring an additional 376 shares during the period. Cape Investment Advisory Inc. raised its stake in iShares Convertible Bond ETF by 73.1% in the 3rd quarter. Cape Investment Advisory Inc. now owns 611 shares of the company’s stock valued at $61,000 after acquiring an additional 258 shares during the period. Finally, NBT Bank N A NY lifted its holdings in iShares Convertible Bond ETF by 527.3% during the 1st quarter. NBT Bank N A NY now owns 621 shares of the company’s stock valued at $63,000 after purchasing an additional 522 shares during the last quarter.

iShares Convertible Bond ETF Stock Down 1.3%

ICVT stock opened at $116.38 on Tuesday. iShares Convertible Bond ETF has a one year low of $90.77 and a one year high of $126.56. The company has a fifty day moving average price of $119.26 and a two-hundred day moving average price of $109.70.

iShares Convertible Bond ETF 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. ICVT was launched on Jun 2, 2015 and is managed by BlackRock.