iShares CMBS ETF (NYSEARCA:CMBS) Stock Holdings Decreased by LGT Financial Advisors LLC

LGT Financial Advisors LLC decreased its position in iShares CMBS ETF (NYSEARCA:CMBS) by 87.7% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 5,237 shares of the company’s stock after selling 37,307 shares during the period. LGT Financial Advisors LLC owned about 0.06% of iShares CMBS ETF worth $246,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Gradient Investments LLC grew its stake in 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 acquiring an additional 1,545 shares in the last quarter. LexAurum Advisors LLC acquired a new stake in shares of iShares CMBS ETF during the first quarter worth approximately $210,000. Csenge Advisory Group acquired a new position in iShares CMBS ETF in the 1st quarter valued at approximately $230,000. Horizon Financial Services LLC purchased a new stake in iShares CMBS ETF in the 1st quarter worth approximately $331,000. Finally, Hoxton Planning & Management LLC acquired a new stake in shares of iShares CMBS ETF during the 2nd quarter valued at $365,000.

iShares CMBS ETF Stock Performance

iShares CMBS ETF stock opened at $48.37 on Friday. iShares CMBS ETF has a 12 month low of $44.19 and a 12 month high of $49.17. The company’s fifty day simple moving average is $47.61 and its 200-day simple moving average is $46.95.

iShares CMBS ETF Company 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.