AMG National Trust Bank Sells 3,555 Shares of iShares Convertible Bond ETF (BATS:ICVT)

AMG National Trust Bank decreased its position in iShares Convertible Bond ETF (BATS:ICVT) by 0.7% during the 3rd quarter, Holdings Channel reports. The firm owned 480,712 shares of the company’s stock after selling 3,555 shares during the period. iShares Convertible Bond ETF comprises about 1.1% of AMG National Trust Bank’s holdings, making the stock its 21st biggest holding. AMG National Trust Bank’s holdings in iShares Convertible Bond ETF were worth $40,221,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Creative Planning grew its holdings in shares of iShares Convertible Bond ETF by 12.3% in the third quarter. Creative Planning now owns 3,325 shares of the company’s stock worth $278,000 after purchasing an additional 363 shares during the last quarter. Private Advisor Group LLC lifted its stake in iShares Convertible Bond ETF by 3.9% in the third quarter. Private Advisor Group LLC now owns 31,568 shares of the company’s stock worth $2,641,000 after acquiring an additional 1,199 shares during the period. Blair William & Co. IL lifted its stake in iShares Convertible Bond ETF by 19.2% in the first quarter. Blair William & Co. IL now owns 2,790 shares of the company’s stock worth $223,000 after acquiring an additional 449 shares during the period. Kades & Cheifetz LLC lifted its stake in iShares Convertible Bond ETF by 3.7% in the third quarter. Kades & Cheifetz LLC now owns 64,697 shares of the company’s stock worth $5,413,000 after acquiring an additional 2,328 shares during the period. Finally, Bank of Montreal Can lifted its stake in iShares Convertible Bond ETF by 857.2% in the second quarter. Bank of Montreal Can now owns 26,389 shares of the company’s stock worth $2,088,000 after acquiring an additional 23,632 shares during the period.

iShares Convertible Bond ETF Stock Down 0.3 %

Shares of ICVT stock opened at $86.04 on Monday. The stock has a fifty day moving average of $83.77 and a 200 day moving average of $80.77. iShares Convertible Bond ETF has a 52 week low of $50.43 and a 52 week high of $58.18.

iShares Convertible Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.1528 per share. The ex-dividend date was Tuesday, September 3rd.

iShares Convertible Bond ETF Company 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.