iShares Convertible Bond ETF $ICVT Shares Acquired by AMG National Trust Bank

AMG National Trust Bank lifted its stake in iShares Convertible Bond ETF (BATS:ICVT) by 1.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 496,267 shares of the company’s stock after buying an additional 8,715 shares during the quarter. iShares Convertible Bond ETF makes up 1.2% of AMG National Trust Bank’s holdings, making the stock its 18th largest position. AMG National Trust Bank owned about 1.77% of iShares Convertible Bond ETF worth $49,652,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Frisch Financial Group Inc. acquired a new position in iShares Convertible Bond ETF in the third quarter valued at approximately $218,000. Synergy Investment Management LLC increased its holdings in shares of iShares Convertible Bond ETF by 9.5% during the 3rd quarter. Synergy Investment Management LLC now owns 5,121 shares of the company’s stock valued at $512,000 after purchasing an additional 446 shares in the last quarter. Merit Financial Group LLC lifted its stake in shares of iShares Convertible Bond ETF by 62.2% in the 3rd quarter. Merit Financial Group LLC now owns 32,468 shares of the company’s stock valued at $3,248,000 after purchasing an additional 12,448 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of iShares Convertible Bond ETF by 13.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 215,078 shares of the company’s stock valued at $21,519,000 after purchasing an additional 25,807 shares during the period. Finally, HighTower Advisors LLC boosted its holdings in iShares Convertible Bond ETF by 1.3% during the third quarter. HighTower Advisors LLC now owns 56,755 shares of the company’s stock worth $5,678,000 after buying an additional 739 shares in the last quarter.

iShares Convertible Bond ETF Stock Performance

ICVT stock opened at $105.05 on Friday. iShares Convertible Bond ETF has a one year low of $77.02 and a one year high of $106.32. The firm’s fifty day moving average is $102.26 and its 200 day moving average is $99.78.

About iShares Convertible Bond ETF

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.