ST Germain D J Co. Inc. Trims Stake in iShares CMBS ETF (NYSEARCA:CMBS)

ST Germain D J Co. Inc. lessened its holdings in iShares CMBS ETF (NYSEARCA:CMBS) by 57.4% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,061 shares of the company’s stock after selling 2,780 shares during the period. ST Germain D J Co. Inc.’s holdings in iShares CMBS ETF were worth $101,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Redhawk Wealth Advisors Inc. purchased a new stake in shares of iShares CMBS ETF in the 3rd quarter valued at about $11,158,000. TIAA Trust National Association purchased a new stake in iShares CMBS ETF in the first quarter valued at approximately $4,833,000. AE Wealth Management LLC lifted its position in iShares CMBS ETF by 16.5% during the second quarter. AE Wealth Management LLC now owns 330,697 shares of the company’s stock valued at $15,526,000 after purchasing an additional 46,856 shares during the last quarter. Cetera Investment Advisers purchased a new position in iShares CMBS ETF in the 1st quarter worth approximately $2,087,000. Finally, Advisory Alpha LLC increased its holdings in shares of iShares CMBS ETF by 80.6% in the 1st quarter. Advisory Alpha LLC now owns 44,373 shares of the company’s stock worth $2,090,000 after buying an additional 19,809 shares during the last quarter.

iShares CMBS ETF Stock Performance

iShares CMBS ETF stock opened at $47.93 on Friday. iShares CMBS ETF has a fifty-two week low of $44.20 and a fifty-two week high of $49.17. The firm’s fifty day moving average price is $48.32 and its 200-day moving average price is $47.31.

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.