Central Bank & Trust Co. Sells 13,252 Shares of iShares CMBS ETF (NYSEARCA:CMBS)

Central Bank & Trust Co. trimmed its holdings in shares of iShares CMBS ETF (NYSEARCA:CMBS) by 6.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 194,449 shares of the company’s stock after selling 13,252 shares during the period. iShares CMBS ETF comprises about 1.6% of Central Bank & Trust Co.’s portfolio, making the stock its 15th largest position. Central Bank & Trust Co.’s holdings in iShares CMBS ETF were worth $9,334,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. MidAtlantic Capital Management Inc. boosted its holdings in shares of iShares CMBS ETF by 65.2% in the 4th quarter. MidAtlantic Capital Management Inc. now owns 1,064 shares of the company’s stock valued at $50,000 after buying an additional 420 shares in the last quarter. IFP Advisors Inc boosted its holdings in shares of iShares CMBS ETF by 572.0% in the 4th quarter. IFP Advisors Inc now owns 2,762 shares of the company’s stock valued at $130,000 after buying an additional 2,351 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in shares of iShares CMBS ETF in the 4th quarter valued at about $216,000. City Center Advisors LLC boosted its holdings in shares of iShares CMBS ETF by 10.9% in the 1st quarter. City Center Advisors LLC now owns 5,229 shares of the company’s stock valued at $251,000 after buying an additional 514 shares in the last quarter. Finally, Two Sigma Securities LLC bought a new stake in shares of iShares CMBS ETF in the 4th quarter valued at about $257,000.

iShares CMBS ETF Stock Performance

NYSEARCA:CMBS opened at $48.12 on Friday. iShares CMBS ETF has a fifty-two week low of $46.09 and a fifty-two week high of $49.18. The company’s 50-day simple moving average is $48.04 and its 200-day simple moving average is $47.76.

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.