iShares CMBS ETF (NYSEARCA:CMBS) Stock Acquired Sen. John Boozman

Senator John Boozman (R-Arkansas) recently bought shares of iShares CMBS ETF (NYSEARCA:CMBS). In a filing disclosed on October 18th, the Senator disclosed that they had bought between $1,001 and $15,000 in iShares CMBS ETF stock on September 6th.

Senator John Boozman also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) on 10/9/2024.
• Sold $1,001 – $15,000 in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) on 10/6/2024.
• Sold $1,001 – $15,000 in shares of Fiserv (NYSE:FI) on 9/26/2024.
• Sold $1,001 – $15,000 in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) on 9/9/2024.
• Sold $1,001 – $15,000 in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) on 9/9/2024.
• Sold $1,001 – $15,000 in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) on 9/9/2024.
• Purchased $15,001 – $50,000 in shares of First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) on 9/6/2024.
• Purchased $1,001 – $15,000 in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) on 9/6/2024.
• Purchased $1,001 – $15,000 in shares of iShares Agency Bond ETF (NYSEARCA:AGZ) on 9/6/2024.
• Purchased $1,001 – $15,000 in shares of Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) on 9/6/2024.

iShares CMBS ETF Price Performance

Shares of CMBS stock traded down $0.10 during trading hours on Wednesday, hitting $47.59. 25,285 shares of the company’s stock traded hands, compared to its average volume of 52,062. The stock’s fifty day simple moving average is $48.31 and its two-hundred day simple moving average is $47.32. iShares CMBS ETF has a 12-month low of $44.21 and a 12-month high of $49.17.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Cullen Frost Bankers Inc. increased its position in shares of iShares CMBS ETF by 43.6% during the second quarter. Cullen Frost Bankers Inc. now owns 1,654 shares of the company’s stock valued at $78,000 after acquiring an additional 502 shares in the last quarter. Gradient Investments LLC lifted its holdings in shares of iShares CMBS ETF by 356.8% during the second quarter. Gradient Investments LLC now owns 1,978 shares of the company’s stock valued at $93,000 after purchasing an additional 1,545 shares in the last quarter. LexAurum Advisors LLC purchased a new stake in shares of iShares CMBS ETF during the 1st quarter valued at about $210,000. Csenge Advisory Group purchased a new position in shares of iShares CMBS ETF during the first quarter valued at approximately $230,000. Finally, Elevated Capital Advisors LLC bought a new position in iShares CMBS ETF during the third quarter valued at approximately $259,000.

About Senator Boozman

John Boozman (Republican Party) is a member of the U.S. Senate from Arkansas. He assumed office on January 3, 2011. His current term ends on January 3, 2029. Boozman (Republican Party) ran for re-election to the U.S. Senate to represent Arkansas. He won in the general election on November 8, 2022. Boozman won re-election in 2016. He faced Democrat Conner Eldridge, Libertarian Frank Gilbert, and write-in candidate Jason Tate in the general election. Arkansas’ U.S. Senate race was rated as safely Republican in 2016. Boozman began his political career in the U.S. House. He won a special election in 2001 and served in that position until his election to the Senate in 2010. Prior to his political career, Boozman worked as an optometrist. As of a 2014 analysis of multiple outside rankings, Boozman is an average Republican member of Congress, meaning he will vote with the Republican Party on the majority of bills. Below is an abbreviated outline of Boozman’s academic, professional, and political career: 2011-Present: U.S. Senator from Arkansas 2001-2011: U.S. Representative from Arkansas 1977: Graduated from Southern College of Optometry

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.