Central Bank & Trust Co. Purchases New Stake in iShares CMBS ETF $CMBS

Central Bank & Trust Co. purchased a new position in shares of iShares CMBS ETF (NYSEARCA:CMBS) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 194,607 shares of the company’s stock, valued at approximately $9,201,000. iShares CMBS ETF makes up 1.4% of Central Bank & Trust Co.’s portfolio, making the stock its 18th biggest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of CMBS. Cetera Investment Advisers raised its stake in shares of iShares CMBS ETF by 15.5% during the first quarter. Cetera Investment Advisers now owns 153,411 shares of the company’s stock worth $7,476,000 after purchasing an additional 20,631 shares during the last quarter. Fifth Third Bancorp purchased a new stake in shares of iShares CMBS ETF in the first quarter valued at approximately $610,000. Hyundai Investments Co. Ltd. acquired a new stake in iShares CMBS ETF in the fourth quarter valued at $577,000. Rosenberg Matthew Hamilton increased its holdings in shares of 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 purchasing an additional 6,448 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in iShares CMBS ETF by 82.4% during the first quarter. Bank of New York Mellon Corp now owns 10,746 shares of the company’s stock worth $524,000 after buying an additional 4,856 shares in the last quarter.

iShares CMBS ETF Stock Performance

NYSEARCA CMBS traded down $0.01 during mid-day trading on Friday, hitting $47.34. The stock had a trading volume of 10,466 shares, compared to its average volume of 48,863. The company has a 50 day simple moving average of $47.92 and a 200 day simple moving average of $48.36. iShares CMBS ETF has a 52-week low of $47.09 and a 52-week high of $49.89.

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.