Laurel Wealth Advisors LLC Increases Position in iShares CMBS ETF $CMBS

Laurel Wealth Advisors LLC raised its stake in shares of iShares CMBS ETF (NYSEARCA:CMBS) by 4,772.7% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,216 shares of the company’s stock after acquiring an additional 3,150 shares during the period. Laurel Wealth Advisors LLC’s holdings in iShares CMBS ETF were worth $157,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Cetera Investment Advisers lifted its holdings in shares of iShares CMBS ETF by 40.1% during the first quarter. Cetera Investment Advisers now owns 17,483 shares of the company’s stock worth $839,000 after purchasing an additional 5,001 shares during the period. LPL Financial LLC lifted its stake in shares of iShares CMBS ETF by 177.5% in the 1st quarter. LPL Financial LLC now owns 204,474 shares of the company’s stock worth $9,815,000 after acquiring an additional 130,786 shares during the period. HighTower Advisors LLC boosted its holdings in shares of iShares CMBS ETF by 52.1% in the first quarter. HighTower Advisors LLC now owns 110,940 shares of the company’s stock valued at $5,325,000 after acquiring an additional 38,000 shares in the last quarter. Flow Traders U.S. LLC boosted its holdings in shares of iShares CMBS ETF by 53.6% in the first quarter. Flow Traders U.S. LLC now owns 23,206 shares of the company’s stock valued at $1,114,000 after acquiring an additional 8,097 shares in the last quarter. Finally, Comerica Bank increased its stake in shares of iShares CMBS ETF by 3.3% during the first quarter. Comerica Bank now owns 13,205 shares of the company’s stock worth $634,000 after acquiring an additional 418 shares during the period.

iShares CMBS ETF Trading Up 0.0%

NYSEARCA CMBS opened at $49.42 on Friday. The business’s 50 day moving average is $49.12 and its two-hundred day moving average is $48.74. iShares CMBS ETF has a 12-month low of $46.74 and a 12-month high of $50.09.

iShares CMBS ETF Company 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.