55,258 Shares of iShares CMBS ETF $CMBS Acquired by Hidden Cove Wealth Management LLC

Hidden Cove Wealth Management LLC purchased a new position in iShares CMBS ETF (NYSEARCA:CMBS) in the 3rd quarter, Holdings Channel reports. The institutional investor purchased 55,258 shares of the company’s stock, valued at approximately $2,613,000. iShares CMBS ETF accounts for 1.4% of Hidden Cove Wealth Management LLC’s investment portfolio, making the stock its 16th biggest holding.

A number of other institutional investors have also added to or reduced their stakes in the stock. Central Bank & Trust Co. bought a new position in shares of iShares CMBS ETF during the third quarter worth $9,201,000. Cetera Investment Advisers increased its holdings in iShares CMBS ETF by 15.5% in the 1st quarter. Cetera Investment Advisers now owns 153,411 shares of the company’s stock valued at $7,476,000 after acquiring an additional 20,631 shares during the last quarter. Krilogy Financial LLC increased its holdings in iShares CMBS ETF by 3.0% in the 3rd quarter. Krilogy Financial LLC now owns 75,129 shares of the company’s stock valued at $3,563,000 after acquiring an additional 2,173 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares CMBS ETF by 1.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 48,362 shares of the company’s stock valued at $2,353,000 after acquiring an additional 678 shares during the last quarter. Finally, Rosenberg Matthew Hamilton increased its holdings in iShares CMBS ETF by 21.0% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 37,162 shares of the company’s stock valued at $1,757,000 after acquiring an additional 6,448 shares during the last quarter.

iShares CMBS ETF Trading Down 0.0%

Shares of iShares CMBS ETF stock traded down $0.02 during trading on Monday, reaching $47.57. 17,377 shares of the stock traded hands, compared to its average volume of 48,660. The business has a fifty day simple moving average of $47.81 and a two-hundred day simple moving average of $48.30. iShares CMBS ETF has a 52-week low of $47.09 and a 52-week high of $49.89.

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.