Goldstone Financial Group LLC increased its stake in iShares CMBS ETF (NYSEARCA:CMBS – Free Report) by 8.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,605 shares of the company’s stock after buying an additional 1,970 shares during the quarter. Goldstone Financial Group LLC’s holdings in iShares CMBS ETF were worth $1,209,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently bought and sold shares of CMBS. Redhawk Wealth Advisors Inc. acquired a new stake in iShares CMBS ETF during the 3rd quarter valued at $11,158,000. State of New Jersey Common Pension Fund D grew its stake in shares of iShares CMBS ETF by 40.3% during the third quarter. State of New Jersey Common Pension Fund D now owns 521,932 shares of the company’s stock valued at $25,538,000 after acquiring an additional 150,000 shares in the last quarter. HighTower Advisors LLC purchased a new stake in shares of iShares CMBS ETF during the third quarter worth about $3,086,000. AE Wealth Management LLC lifted its stake in shares of iShares CMBS ETF by 16.5% in the second quarter. AE Wealth Management LLC now owns 330,697 shares of the company’s stock worth $15,526,000 after acquiring an additional 46,856 shares in the last quarter. Finally, Central Bank & Trust Co. boosted its holdings in iShares CMBS ETF by 13.3% in the third quarter. Central Bank & Trust Co. now owns 197,116 shares of the company’s stock valued at $9,645,000 after purchasing an additional 23,072 shares during the last quarter.
iShares CMBS ETF Stock Performance
Shares of NYSEARCA CMBS opened at $47.51 on Friday. The business has a 50 day moving average price of $47.40 and a two-hundred day moving average price of $47.72. iShares CMBS ETF has a fifty-two week low of $45.76 and a fifty-two week high of $49.17.
iShares CMBS ETF Company Profile
The iShares CMBS ETF (CMBS) is an exchange-traded fund that is based on the Bloomberg U.S. CMBS (ERISA Only) index. The fund tracks an index of investment-grade commercial mortgage-backed securities (CMBSs) with an expected life of at least one year. CMBS was launched on Feb 14, 2012 and is managed by BlackRock.
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