Prudential PLC Takes $9.54 Million Position in iShares CMBS ETF $CMBS

Prudential PLC purchased a new stake in iShares CMBS ETF (NYSEARCA:CMBS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 194,402 shares of the company’s stock, valued at approximately $9,541,000. Prudential PLC owned 1.92% of iShares CMBS ETF as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Cogent Private Wealth Inc. acquired a new stake in iShares CMBS ETF during the 4th quarter worth $695,000. MidAtlantic Capital Management Inc. acquired a new stake in iShares CMBS ETF during the 4th quarter worth $42,000. Advisory Alpha LLC raised its stake in iShares CMBS ETF by 5.6% during the 4th quarter. Advisory Alpha LLC now owns 20,804 shares of the company’s stock worth $1,021,000 after buying an additional 1,098 shares during the period. Mach 1 Financial Group LLC acquired a new stake in iShares CMBS ETF during the 4th quarter worth $409,000. Finally, Cullen Frost Bankers Inc. raised its stake in iShares CMBS ETF by 19.0% during the 4th quarter. Cullen Frost Bankers Inc. now owns 7,147 shares of the company’s stock worth $351,000 after buying an additional 1,142 shares during the period.

iShares CMBS ETF Stock Down 0.2%

Shares of iShares CMBS ETF stock opened at $48.47 on Friday. iShares CMBS ETF has a 12 month low of $47.82 and a 12 month high of $50.09. The stock’s fifty day simple moving average is $48.69 and its 200 day simple moving average is $49.02.

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.