BerganKDV Wealth Management LLC grew its position in iShares CMBS ETF (NYSEARCA:CMBS – Get Rating) by 16.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 503,597 shares of the company’s stock after purchasing an additional 69,440 shares during the period. iShares CMBS ETF comprises about 2.7% of BerganKDV Wealth Management LLC’s holdings, making the stock its 10th largest position. BerganKDV Wealth Management LLC owned approximately 3.37% of iShares CMBS ETF worth $25,104,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Fifth Third Bancorp increased its holdings in shares of iShares CMBS ETF by 72.4% during the 4th quarter. Fifth Third Bancorp now owns 950 shares of the company’s stock valued at $50,000 after acquiring an additional 399 shares during the last quarter. MUFG Americas Holdings Corp increased its holdings in shares of iShares CMBS ETF by 17.2% during the 4th quarter. MUFG Americas Holdings Corp now owns 3,410 shares of the company’s stock valued at $181,000 after acquiring an additional 500 shares during the last quarter. Advisor Resource Council acquired a new position in shares of iShares CMBS ETF during the 4th quarter valued at about $211,000. Cambridge Investment Research Advisors Inc. bought a new stake in iShares CMBS ETF during the 4th quarter valued at approximately $216,000. Finally, Simplicity Wealth LLC bought a new stake in iShares CMBS ETF during the 4th quarter valued at approximately $231,000.
iShares CMBS ETF Price Performance
NYSEARCA:CMBS traded down $0.74 during mid-day trading on Friday, hitting $48.06. 88,598 shares of the company’s stock traded hands, compared to its average volume of 110,895. The firm has a 50 day moving average of $48.08 and a two-hundred day moving average of $49.42. iShares CMBS ETF has a 12 month low of $46.84 and a 12 month high of $55.03.
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