AE Wealth Management LLC Buys 33,544 Shares of iShares CMBS ETF $CMBS

AE Wealth Management LLC boosted its stake in shares of iShares CMBS ETF (NYSEARCA:CMBS) by 8.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 431,523 shares of the company’s stock after buying an additional 33,544 shares during the quarter. AE Wealth Management LLC’s holdings in iShares CMBS ETF were worth $21,175,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Truist Financial Corp raised its position in shares of iShares CMBS ETF by 29.4% during the third quarter. Truist Financial Corp now owns 6,107 shares of the company’s stock worth $300,000 after acquiring an additional 1,388 shares during the last quarter. Kingdom Financial Group LLC. increased its position in iShares CMBS ETF by 189.9% during the 3rd quarter. Kingdom Financial Group LLC. now owns 13,329 shares of the company’s stock valued at $654,000 after purchasing an additional 8,732 shares during the period. Nwam LLC raised its holdings in iShares CMBS ETF by 29.2% during the 3rd quarter. Nwam LLC now owns 5,365 shares of the company’s stock worth $265,000 after purchasing an additional 1,214 shares during the last quarter. Schmidt P J Investment Management Inc. raised its holdings in iShares CMBS ETF by 4.6% during the 3rd quarter. Schmidt P J Investment Management Inc. now owns 95,357 shares of the company’s stock worth $4,679,000 after purchasing an additional 4,153 shares during the last quarter. Finally, Heck Capital Advisors LLC acquired a new position in shares of iShares CMBS ETF in the 3rd quarter worth approximately $1,133,000.

iShares CMBS ETF Stock Down 0.2%

NYSEARCA:CMBS opened at $49.12 on Friday. iShares CMBS ETF has a 52 week low of $47.26 and a 52 week high of $50.09. The firm’s fifty day moving average is $49.15 and its 200-day moving average is $49.00.

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.