State of New Jersey Common Pension Fund D Has $25.54 Million Position in iShares CMBS ETF (NYSEARCA:CMBS)

State of New Jersey Common Pension Fund D lifted its position in shares of iShares CMBS ETF (NYSEARCA:CMBS) by 40.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 521,932 shares of the company’s stock after buying an additional 150,000 shares during the quarter. State of New Jersey Common Pension Fund D owned about 0.06% of iShares CMBS ETF worth $25,538,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cullen Frost Bankers Inc. increased its holdings in iShares CMBS ETF by 43.6% during the second quarter. Cullen Frost Bankers Inc. now owns 1,654 shares of the company’s stock worth $78,000 after buying an additional 502 shares during the last quarter. Farther Finance Advisors LLC bought a new position in iShares CMBS ETF in the third quarter valued at $78,000. Gradient Investments LLC grew its position in 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 acquiring an additional 1,545 shares during the last quarter. Csenge Advisory Group grew its stake in shares of iShares CMBS ETF by 9.5% during the second quarter. Csenge Advisory Group now owns 5,358 shares of the company’s stock valued at $252,000 after buying an additional 464 shares during the last quarter. Finally, Elevated Capital Advisors LLC purchased a new position in iShares CMBS ETF in the 3rd quarter worth approximately $259,000.

iShares CMBS ETF Trading Up 0.3 %

CMBS traded up $0.16 during midday trading on Friday, reaching $47.48. 31,948 shares of the company’s stock traded hands, compared to its average volume of 50,439. The firm has a fifty day moving average of $48.16 and a two-hundred day moving average of $47.42. iShares CMBS ETF has a 52 week low of $44.68 and a 52 week high of $49.17.

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.