iShares CMBS ETF (NYSEARCA:CMBS) Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers grew its holdings in iShares CMBS ETF (NYSEARCA:CMBS) by 7.3% during the second quarter, HoldingsChannel.com reports. The fund owned 47,560 shares of the company’s stock after purchasing an additional 3,241 shares during the quarter. Cetera Investment Advisers’ holdings in iShares CMBS ETF were worth $2,233,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in CMBS. Cullen Frost Bankers Inc. increased its holdings in iShares CMBS ETF by 43.6% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 1,654 shares of the company’s stock valued at $78,000 after purchasing an additional 502 shares in the last quarter. Gradient Investments LLC raised its holdings in shares of iShares CMBS ETF by 356.8% during the 2nd quarter. Gradient Investments LLC now owns 1,978 shares of the company’s stock valued at $93,000 after buying an additional 1,545 shares during the period. LexAurum Advisors LLC acquired a new position in iShares CMBS ETF during the 1st quarter worth approximately $210,000. Csenge Advisory Group purchased a new position in iShares CMBS ETF in the 1st quarter worth approximately $230,000. Finally, Hoxton Planning & Management LLC acquired a new stake in iShares CMBS ETF in the second quarter valued at approximately $365,000.

iShares CMBS ETF Price Performance

NYSEARCA CMBS opened at $48.09 on Friday. The company’s fifty day simple moving average is $48.31 and its 200-day simple moving average is $47.27. iShares CMBS ETF has a 52 week low of $44.19 and a 52 week high of $49.17.

About iShares CMBS ETF

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.