Relative Value Partners Group LLC lowered its holdings in iShares CMBS ETF (NYSEARCA:CMBS – Free Report) by 1.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,658 shares of the company’s stock after selling 546 shares during the quarter. Relative Value Partners Group LLC owned 0.23% of iShares CMBS ETF worth $1,277,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. First Manhattan Co. bought a new stake in iShares CMBS ETF in the first quarter valued at about $28,000. Parkside Financial Bank & Trust bought a new stake in iShares CMBS ETF in the first quarter valued at about $32,000. Family Asset Management LLC bought a new stake in iShares CMBS ETF in the first quarter valued at about $36,000. Central Bank & Trust Co. increased its stake in iShares CMBS ETF by 123.6% in the first quarter. Central Bank & Trust Co. now owns 1,147 shares of the company’s stock valued at $53,000 after acquiring an additional 634 shares during the period. Finally, EP Wealth Advisors LLC acquired a new position in iShares CMBS ETF in the first quarter valued at about $138,000.
iShares CMBS ETF Stock Performance
NYSEARCA:CMBS opened at $45.42 on Friday. iShares CMBS ETF has a 12 month low of $44.35 and a 12 month high of $47.87. The company’s 50-day moving average price is $45.57 and its two-hundred day moving average price is $46.06.
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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