Hidden Cove Wealth Management LLC Acquires 55,258 Shares of iShares CMBS ETF $CMBS

Hidden Cove Wealth Management LLC bought a new stake in shares of iShares CMBS ETF (NYSEARCA:CMBS) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 55,258 shares of the company’s stock, valued at approximately $2,613,000. iShares CMBS ETF makes up 1.4% of Hidden Cove Wealth Management LLC’s investment portfolio, making the stock its 16th largest holding. Hidden Cove Wealth Management LLC owned about 0.60% of iShares CMBS ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Columbus Macro LLC increased its position in iShares CMBS ETF by 4.4% in the third quarter. Columbus Macro LLC now owns 9,209 shares of the company’s stock worth $435,000 after buying an additional 390 shares in the last quarter. Krilogy Financial LLC raised its stake in shares of iShares CMBS ETF by 3.0% in the third quarter. Krilogy Financial LLC now owns 75,129 shares of the company’s stock worth $3,563,000 after buying an additional 2,173 shares during the period. Central Bank & Trust Co. bought a new position in shares of iShares CMBS ETF in the third quarter worth about $9,201,000. City Center Advisors LLC lifted its position in shares of iShares CMBS ETF by 36.9% during the 3rd quarter. City Center Advisors LLC now owns 15,804 shares of the company’s stock valued at $747,000 after buying an additional 4,257 shares in the last quarter. Finally, Rosenberg Matthew Hamilton lifted its position in shares of iShares CMBS ETF by 21.0% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 37,162 shares of the company’s stock valued at $1,757,000 after buying an additional 6,448 shares in the last quarter.

iShares CMBS ETF Trading Down 0.0%

Shares of NYSEARCA:CMBS traded down $0.02 during mid-day trading on Monday, reaching $47.57. 17,377 shares of the company traded hands, compared to its average volume of 48,660. The company’s 50 day moving average price is $47.81 and its 200-day moving average price is $48.30. iShares CMBS ETF has a 52 week low of $47.09 and a 52 week high of $49.89.

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.