Sage Advisory Services’s iShares CMBS ETF CMBS Stock Holding History

Sage Advisory Services’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	-443,196	Closed	-$23.5M	–	26
2016 Q3	$23.5M	Sell	443,196 -4,530	-1%	-$241K	2.96%	9
2016 Q2	$23.8M	Buy	447,726 +229,601	+105%	+$12M	3.14%	10
2016 Q1	$11.3M	Buy	+218,125	New	+$11.2M	1.48%	14

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

Sage Advisory Services's CMBS Position: Q4 2016 in Review

Sage Advisory Services sold out of iShares CMBS ETF (CMBS) in Q4 2016, closing a stake of 443,196 shares — an estimated $23.5M sold.

Sage Advisory Services first reported a position in CMBS in Q1 2016 and held it in 3 quarters. The position peaked at $23.8M in Q2 2016. 43 funds tracked by Wall St. Rank hold CMBS as of Q4 2016.

Sage Advisory Services reported no remaining iShares CMBS ETF position as of Q4 2016 after selling out during the quarter.
Sage Advisory Services sold 443,196 iShares CMBS ETF shares in Q4 2016, an estimated $23.5M.
Sage Advisory Services first reported a position in iShares CMBS ETF in Q1 2016 and held it in 3 quarters.
Sage Advisory Services's iShares CMBS ETF position peaked at $23.8M in Q2 2016.
43 funds tracked by Wall St. Rank held iShares CMBS ETF as of Q4 2016.

Based on Sage Advisory Services's 13F filing for Q4 2016, filed 1 Feb 2017.