AMG National Trust Bank Sells 1,443 Shares of iShares Convertible Bond ETF $ICVT

AMG National Trust Bank reduced its stake in iShares Convertible Bond ETF (BATS:ICVT) by 0.3% during the second quarter, according to its most recent filing with the SEC. The fund owned 487,552 shares of the company’s stock after selling 1,443 shares during the quarter. iShares Convertible Bond ETF accounts for approximately 1.2% of AMG National Trust Bank’s portfolio, making the stock its 20th largest holding. AMG National Trust Bank’s holdings in iShares Convertible Bond ETF were worth $43,928,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Columbia River Financial Group LLC purchased a new position in shares of iShares Convertible Bond ETF in the 1st quarter worth about $29,000. Wealth Preservation Advisors LLC bought a new position in shares of iShares Convertible Bond ETF during the 1st quarter valued at approximately $29,000. Cape Investment Advisory Inc. grew its position in shares of iShares Convertible Bond ETF by 171.0% during the 1st quarter. Cape Investment Advisory Inc. now owns 355 shares of the company’s stock valued at $30,000 after acquiring an additional 224 shares during the period. Anderson Financial Strategies LLC bought a new position in shares of iShares Convertible Bond ETF during the 1st quarter valued at approximately $39,000. Finally, Private Wealth Asset Management LLC bought a new position in shares of iShares Convertible Bond ETF during the 2nd quarter valued at approximately $48,000.

iShares Convertible Bond ETF Price Performance

iShares Convertible Bond ETF stock opened at $102.66 on Friday. iShares Convertible Bond ETF has a twelve month low of $75.97 and a twelve month high of $93.29. The firm has a 50 day moving average price of $99.13 and a 200-day moving average price of $92.29.

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.