Visa Foundation Makes New $10.15 Billion Investment in iShares CMBS ETF $CMBS

Visa Foundation bought a new stake in shares of iShares CMBS ETF (NYSEARCA:CMBS) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 122,500 shares of the company’s stock, valued at approximately $10,147,900,000. iShares CMBS ETF comprises about 6.5% of Visa Foundation’s investment portfolio, making the stock its 2nd largest holding. Visa Foundation owned about 1.25% of iShares CMBS ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Syon Capital LLC boosted its holdings in shares of iShares CMBS ETF by 8.9% in the 4th quarter. Syon Capital LLC now owns 633,847 shares of the company’s stock valued at $31,109,000 after buying an additional 51,917 shares during the period. UBS Group AG raised its stake in iShares CMBS ETF by 23.7% during the fourth quarter. UBS Group AG now owns 541,908 shares of the company’s stock worth $26,597,000 after acquiring an additional 103,731 shares during the period. LPL Financial LLC lifted its holdings in iShares CMBS ETF by 39.4% in the fourth quarter. LPL Financial LLC now owns 418,164 shares of the company’s stock worth $20,523,000 after acquiring an additional 118,291 shares during the last quarter. Bank of America Corp DE lifted its holdings in iShares CMBS ETF by 1.9% in the third quarter. Bank of America Corp DE now owns 303,583 shares of the company’s stock worth $14,897,000 after acquiring an additional 5,785 shares during the last quarter. Finally, Hancock Whitney Corp boosted its stake in iShares CMBS ETF by 1.6% in the third quarter. Hancock Whitney Corp now owns 256,960 shares of the company’s stock valued at $12,609,000 after acquiring an additional 3,958 shares during the period.

iShares CMBS ETF Stock Performance

Shares of CMBS stock opened at $48.35 on Monday. The business has a 50 day moving average of $48.42 and a two-hundred day moving average of $48.77. iShares CMBS ETF has a 52 week low of $47.99 and a 52 week high of $50.09.

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.