iShares Convertible Bond ETF $ICVT Position Increased by AMG National Trust Bank

AMG National Trust Bank grew its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT) by 6.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 526,045 shares of the company’s stock after purchasing an additional 29,778 shares during the period. iShares Convertible Bond ETF accounts for 1.2% of AMG National Trust Bank’s portfolio, making the stock its 18th biggest position. AMG National Trust Bank owned approximately 1.88% of iShares Convertible Bond ETF worth $51,815,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Steigerwald Gordon & Koch Inc. acquired a new stake in iShares Convertible Bond ETF during the third quarter worth about $26,000. Sunbelt Securities Inc. grew its holdings in shares of iShares Convertible Bond ETF by 36.5% during the third quarter. Sunbelt Securities Inc. now owns 389 shares of the company’s stock valued at $39,000 after purchasing an additional 104 shares during the last quarter. Huntington National Bank grew its holdings in shares of iShares Convertible Bond ETF by 54,600.0% during the third quarter. Huntington National Bank now owns 547 shares of the company’s stock valued at $55,000 after purchasing an additional 546 shares during the last quarter. Cape Investment Advisory Inc. raised its position in shares of iShares Convertible Bond ETF by 73.1% during the 3rd quarter. Cape Investment Advisory Inc. now owns 611 shares of the company’s stock worth $61,000 after purchasing an additional 258 shares during the period. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of iShares Convertible Bond ETF during the 3rd quarter worth approximately $62,000.

iShares Convertible Bond ETF Price Performance

Shares of BATS ICVT opened at $111.95 on Tuesday. iShares Convertible Bond ETF has a 12-month low of $83.89 and a 12-month high of $112.91. The stock’s 50 day simple moving average is $105.58 and its 200 day simple moving average is $102.84.

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.