Laidlaw Wealth Management LLC grew its position in iShares CMBS ETF (NYSEARCA:CMBS – Free Report) by 38.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 47,764 shares of the company’s stock after purchasing an additional 13,158 shares during the quarter. iShares CMBS ETF makes up about 1.0% of Laidlaw Wealth Management LLC’s portfolio, making the stock its 27th largest position. Laidlaw Wealth Management LLC owned 0.54% of iShares CMBS ETF worth $2,254,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of CMBS. Elevated Capital Advisors LLC bought a new stake in shares of iShares CMBS ETF in the 3rd quarter valued at $259,000. Goldstone Financial Group LLC acquired a new position in iShares CMBS ETF during the third quarter worth $1,156,000. Rosenberg Matthew Hamilton raised its holdings in iShares CMBS ETF by 25.8% during the third quarter. Rosenberg Matthew Hamilton now owns 12,929 shares of the company’s stock worth $633,000 after buying an additional 2,651 shares during the last quarter. Farther Finance Advisors LLC acquired a new position in iShares CMBS ETF during the third quarter worth $78,000. Finally, Central Bank & Trust Co. raised its holdings in iShares CMBS ETF by 13.3% during the third quarter. Central Bank & Trust Co. now owns 197,116 shares of the company’s stock worth $9,645,000 after buying an additional 23,072 shares during the last quarter.
iShares CMBS ETF Stock Performance
CMBS opened at $47.54 on Wednesday. The company’s fifty day moving average price is $47.43 and its two-hundred day moving average price is $47.78. iShares CMBS ETF has a 1-year low of $45.76 and a 1-year high of $49.17.
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.
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