Bank of New York Mellon Corp Invests $216,000 in iShares CMBS ETF (NYSEARCA:CMBS)

Bank of New York Mellon Corp purchased a new stake in shares of iShares CMBS ETF (NYSEARCA:CMBS) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 4,568 shares of the company’s stock, valued at approximately $216,000. Bank of New York Mellon Corp owned about 0.05% of iShares CMBS ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. acquired a new position in shares of iShares CMBS ETF in the 4th quarter worth approximately $28,000. MidAtlantic Capital Management Inc. boosted its stake in iShares CMBS ETF by 65.2% in the fourth quarter. MidAtlantic Capital Management Inc. now owns 1,064 shares of the company’s stock worth $50,000 after purchasing an additional 420 shares in the last quarter. IFP Advisors Inc grew its holdings in shares of iShares CMBS ETF by 572.0% during the fourth quarter. IFP Advisors Inc now owns 2,762 shares of the company’s stock worth $130,000 after purchasing an additional 2,351 shares during the last quarter. City Center Advisors LLC acquired a new stake in shares of iShares CMBS ETF in the fourth quarter valued at $223,000. Finally, Columbus Macro LLC raised its holdings in shares of iShares CMBS ETF by 3.9% in the fourth quarter. Columbus Macro LLC now owns 11,853 shares of the company’s stock valued at $559,000 after buying an additional 444 shares during the last quarter.

iShares CMBS ETF Trading Up 0.4 %

Shares of NYSEARCA CMBS opened at $48.07 on Friday. iShares CMBS ETF has a 12-month low of $45.76 and a 12-month high of $49.18. The firm’s 50-day simple moving average is $47.76 and its 200 day simple moving average is $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.