Advisory Alpha LLC Buys 1,547 Shares of iShares CMBS ETF (NYSEARCA:CMBS)

Advisory Alpha LLC boosted its stake in shares of iShares CMBS ETF (NYSEARCA:CMBS) by 3.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,920 shares of the company’s stock after purchasing an additional 1,547 shares during the quarter. Advisory Alpha LLC owned about 0.52% of iShares CMBS ETF worth $2,156,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Franklin Resources Inc. raised its stake in shares of iShares CMBS ETF by 1.1% in the fourth quarter. Franklin Resources Inc. now owns 46,477 shares of the company’s stock valued at $2,175,000 after purchasing an additional 487 shares in the last quarter. Ridgewood Investments LLC grew its holdings in shares of iShares CMBS ETF by 13.1% during the first quarter. Ridgewood Investments LLC now owns 11,950 shares of the company’s stock worth $563,000 after purchasing an additional 1,384 shares during the last quarter. LexAurum Advisors LLC bought a new position in iShares CMBS ETF in the first quarter valued at about $210,000. Central Bank & Trust Co. boosted its holdings in iShares CMBS ETF by 20.9% in the first quarter. Central Bank & Trust Co. now owns 166,480 shares of the company’s stock valued at $7,839,000 after acquiring an additional 28,734 shares during the last quarter. Finally, Arvest Investments Inc. boosted its holdings in iShares CMBS ETF by 2.1% in the first quarter. Arvest Investments Inc. now owns 464,813 shares of the company’s stock valued at $21,893,000 after acquiring an additional 9,664 shares during the last quarter.

iShares CMBS ETF Price Performance

NYSEARCA:CMBS opened at $48.67 on Tuesday. iShares CMBS ETF has a 1-year low of $44.19 and a 1-year high of $49.17. The business’s 50-day moving average price is $48.19 and its two-hundred day moving average price is $47.18.

iShares CMBS ETF 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.