Independent Portfolio Consultants’s iShares CMBS ETF CMBS Stock Holding History

Independent Portfolio Consultants’s Portfolio CMBS Stock Details CMBS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-9,405	Closed	-$499K	–	821
2016 Q3	$499K	Buy	9,405 +680	+8%	+$36.2K	0.16%	229
2016 Q2	$464K	Buy	8,725 +3,760	+76%	+$197K	0.15%	226
2016 Q1	$258K	Buy	+4,965	New	+$255K	0.07%	303
2015 Q4	–	Sell	-18,430	Closed	-$954K	–	762
2015 Q3	$954K	Buy	18,430 +995	+6%	+$51.2K	0.21%	140
2015 Q2	$895K	Sell	17,435 -10	-0.1%	-$518	0.18%	175
2015 Q1	$910K	Buy	17,445 +295	+2%	+$15.3K	0.19%	161
2014 Q4	$878K	Sell	17,150 -325	-2%	-$16.8K	0.18%	172
2014 Q3	$897K	Buy	+17,475	New	+$902K	0.24%	101

Other funds holding CMBS

CSIA

Charles Schwab Investment Advisory San Francisco, California $72.8B AUM 10.03% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

DJSG

D.J. St. Germain Springfield, Massachusetts $2.78B AUM 23.87% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

HJA

Hugh Johnson Advisors Albany, New York $320M AUM 9.58% 1-Year Est. Return

LTFS

Ladenburg Thalmann Financial Services Miami, Florida $15.9B AUM 25.16% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

BIM

BlackRock Investment Management Wilmington, Delaware $86.4B AUM 16.83% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

Independent Portfolio Consultants's CMBS Position: Q4 2016 in Review

Independent Portfolio Consultants sold out of iShares CMBS ETF (CMBS) in Q4 2016, closing a stake of 9,405 shares — an estimated $499K sold.

Independent Portfolio Consultants first reported a position in CMBS in Q3 2014 and held it in 8 quarters. The position peaked at $954K in Q3 2015. 43 funds tracked by Wall St. Rank hold CMBS as of Q4 2016.

Independent Portfolio Consultants reported no remaining iShares CMBS ETF position as of Q4 2016 after selling out during the quarter.
Independent Portfolio Consultants sold 9,405 iShares CMBS ETF shares in Q4 2016, an estimated $499K.
Independent Portfolio Consultants first reported a position in iShares CMBS ETF in Q3 2014 and held it in 8 quarters.
Independent Portfolio Consultants's iShares CMBS ETF position peaked at $954K in Q3 2015.
43 funds tracked by Wall St. Rank held iShares CMBS ETF as of Q4 2016.

Based on Independent Portfolio Consultants's 13F filing for Q4 2016, filed 12 Jan 2017.