Advisory Alpha LLC Sells 7,946 Shares of iShares CMBS ETF $CMBS

Advisory Alpha LLC cut its stake in iShares CMBS ETF (NYSEARCA:CMBS) by 19.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,661 shares of the company’s stock after selling 7,946 shares during the period. Advisory Alpha LLC owned approximately 0.35% of iShares CMBS ETF worth $1,591,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Boyd Watterson Asset Management LLC OH bought a new stake in iShares CMBS ETF in the 1st quarter valued at $28,000. Truist Financial Corp bought a new position in shares of iShares CMBS ETF during the 2nd quarter worth about $230,000. City Center Advisors LLC lifted its holdings in shares of iShares CMBS ETF by 10.3% during the 2nd quarter. City Center Advisors LLC now owns 5,767 shares of the company’s stock worth $281,000 after acquiring an additional 538 shares during the period. Cullen Frost Bankers Inc. lifted its holdings in shares of iShares CMBS ETF by 7.3% during the 1st quarter. Cullen Frost Bankers Inc. now owns 5,990 shares of the company’s stock worth $288,000 after acquiring an additional 409 shares during the period. Finally, OLD Mission Capital LLC bought a new position in shares of iShares CMBS ETF during the 1st quarter worth about $451,000.

iShares CMBS ETF Stock Down 0.3%

NYSEARCA:CMBS opened at $49.20 on Wednesday. The company has a 50-day moving average of $49.09 and a 200-day moving average of $48.57. iShares CMBS ETF has a 52 week low of $46.74 and a 52 week high of $50.09.

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.