Wealthcare Advisory Partners LLC reduced its holdings in iShares CMBS ETF (NYSEARCA:CMBS – Free Report) by 27.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 5,829 shares of the company’s stock after selling 2,261 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in iShares CMBS ETF were worth $275,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Decker Retirement Planning Inc. bought a new stake in iShares CMBS ETF during the fourth quarter worth about $28,000. MidAtlantic Capital Management Inc. purchased a new position in shares of iShares CMBS ETF in the third quarter worth about $32,000. Farther Finance Advisors LLC purchased a new position in iShares CMBS ETF in the 3rd quarter worth approximately $78,000. City Center Advisors LLC bought a new position in shares of iShares CMBS ETF in the fourth quarter worth approximately $223,000. Finally, Elevated Capital Advisors LLC purchased a new stake in iShares CMBS ETF during the 3rd quarter valued at $259,000.
iShares CMBS ETF Stock Down 0.1 %
Shares of NYSEARCA:CMBS opened at $47.41 on Wednesday. iShares CMBS ETF has a 12 month low of $45.76 and a 12 month high of $49.17. The company has a 50-day moving average price of $47.40 and a 200-day moving average price of $47.74.
About iShares CMBS ETF
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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Want to see what other hedge funds are holding CMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares CMBS ETF (NYSEARCA:CMBS – Free Report).
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