AE Wealth Management LLC Buys 59,023 Shares of iShares CMBS ETF $CMBS

AE Wealth Management LLC increased its stake in shares of iShares CMBS ETF (NYSEARCA:CMBS) by 13.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 490,546 shares of the company’s stock after acquiring an additional 59,023 shares during the quarter. AE Wealth Management LLC owned approximately 4.83% of iShares CMBS ETF worth $24,076,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of CMBS. Aptus Capital Advisors LLC bought a new position in shares of iShares CMBS ETF in the third quarter valued at $49,000. Geneos Wealth Management Inc. raised its holdings in shares of iShares CMBS ETF by 596.6% in the third quarter. Geneos Wealth Management Inc. now owns 2,689 shares of the company’s stock valued at $132,000 after purchasing an additional 2,303 shares during the last quarter. MAI Capital Management raised its holdings in shares of iShares CMBS ETF by 190.0% in the third quarter. MAI Capital Management now owns 2,900 shares of the company’s stock valued at $142,000 after purchasing an additional 1,900 shares during the last quarter. Horizon Financial Services LLC raised its holdings in shares of iShares CMBS ETF by 9.7% in the fourth quarter. Horizon Financial Services LLC now owns 3,283 shares of the company’s stock valued at $161,000 after purchasing an additional 291 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in shares of iShares CMBS ETF in the fourth quarter valued at about $246,000.

iShares CMBS ETF Trading Down 0.1%

Shares of CMBS stock opened at $48.87 on Friday. iShares CMBS ETF has a one year low of $47.67 and a one year high of $50.09. The firm has a 50-day moving average of $49.10 and a 200-day moving average of $49.12.

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.