iShares CMBS ETF (NYSEARCA:CMBS) Stock Position Reduced by Advisors Asset Management Inc.

Advisors Asset Management Inc. cut its stake in shares of iShares CMBS ETF (NYSEARCA:CMBSGet Rating) by 2.9% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,447 shares of the company’s stock after selling 287 shares during the period. Advisors Asset Management Inc.’s holdings in iShares CMBS ETF were worth $454,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Baird Financial Group Inc. grew its position in iShares CMBS ETF by 51.9% during the second quarter. Baird Financial Group Inc. now owns 8,105 shares of the company’s stock valued at $390,000 after purchasing an additional 2,768 shares in the last quarter. OLD Mission Capital LLC bought a new stake in iShares CMBS ETF in the second quarter worth approximately $1,903,000. Tortoise Investment Management LLC grew its position in iShares CMBS ETF by 3.3% in the second quarter. Tortoise Investment Management LLC now owns 348,189 shares of the company’s stock worth $16,751,000 after acquiring an additional 11,152 shares in the last quarter. Avantax Advisory Services Inc. grew its position in iShares CMBS ETF by 1.5% in the second quarter. Avantax Advisory Services Inc. now owns 15,354 shares of the company’s stock worth $739,000 after acquiring an additional 227 shares in the last quarter. Finally, KCS Wealth Advisory grew its position in iShares CMBS ETF by 584.1% in the second quarter. KCS Wealth Advisory now owns 46,119 shares of the company’s stock worth $2,219,000 after acquiring an additional 39,377 shares in the last quarter.

iShares CMBS ETF Price Performance

CMBS stock opened at $45.59 on Friday. iShares CMBS ETF has a 12 month low of $44.35 and a 12 month high of $53.96. The firm has a 50 day moving average of $45.64 and a two-hundred day moving average of $47.24.

Further Reading

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Institutional Ownership by Quarter for iShares CMBS ETF (NYSEARCA:CMBS)

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