Financial Gravity Wealth Inc. Takes Position in iShares CMBS ETF (CMBS)

Financial Gravity Wealth Inc. bought a new position in iShares CMBS ETF (NYSEARCA:CMBS) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 14,519 shares of the company’s stock, valued at approximately $745,000. Financial Gravity Wealth Inc. owned 0.22% of iShares CMBS ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Eqis Capital Management Inc. lifted its position in iShares CMBS ETF by 240.8% during the 1st quarter. Eqis Capital Management Inc. now owns 73,200 shares of the company’s stock worth $3,782,000 after buying an additional 51,720 shares in the last quarter. Carroll Financial Associates Inc. bought a new stake in shares of iShares CMBS ETF in the 1st quarter valued at about $473,000. Bank of America Corp DE raised its holdings in shares of iShares CMBS ETF by 8.4% in the 4th quarter. Bank of America Corp DE now owns 507,457 shares of the company’s stock valued at $25,516,000 after purchasing an additional 39,397 shares during the period. Semmax Financial Advisors Inc. bought a new stake in shares of iShares CMBS ETF in the 4th quarter valued at about $302,000. Finally, Advisor Group Inc. raised its holdings in iShares CMBS ETF by 226.7% in the 4th quarter. Advisor Group Inc. now owns 7,772 shares of the company’s stock valued at $391,000 after acquiring an additional 5,393 shares during the period.

iShares CMBS ETF stock opened at $51.49 on Friday. iShares CMBS ETF has a twelve month low of $48.92 and a twelve month high of $52.30.

The business also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were issued a $0.1205 dividend. The ex-dividend date was Wednesday, May 1st. This represents a $1.45 annualized dividend and a yield of 2.81%.

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Institutional Ownership by Quarter for iShares CMBS ETF (NYSEARCA:CMBS)

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