TIAA Trust National Association Trims Position in iShares CMBS ETF $CMBS

TIAA Trust National Association decreased its position in shares of iShares CMBS ETF (NYSEARCA:CMBS) by 19.3% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 67,262 shares of the company’s stock after selling 16,110 shares during the period. TIAA Trust National Association owned 0.66% of iShares CMBS ETF worth $3,301,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. First Trust Advisors LP lifted its stake in shares of iShares CMBS ETF by 0.6% during the third quarter. First Trust Advisors LP now owns 39,696 shares of the company’s stock valued at $1,948,000 after buying an additional 252 shares during the period. IFP Advisors Inc lifted its stake in shares of iShares CMBS ETF by 5.5% during the third quarter. IFP Advisors Inc now owns 5,514 shares of the company’s stock valued at $271,000 after buying an additional 286 shares during the period. Horizon Financial Services LLC lifted its stake in shares of iShares CMBS ETF by 9.7% during the fourth quarter. Horizon Financial Services LLC now owns 3,283 shares of the company’s stock valued at $161,000 after buying an additional 291 shares during the period. Willis Johnson & Associates Inc. lifted its stake in shares of iShares CMBS ETF by 2.2% during the third quarter. Willis Johnson & Associates Inc. now owns 15,301 shares of the company’s stock valued at $751,000 after buying an additional 333 shares during the period. Finally, Wealthcare Advisory Partners LLC raised its stake in iShares CMBS ETF by 6.1% during the third quarter. Wealthcare Advisory Partners LLC now owns 6,292 shares of the company’s stock worth $309,000 after purchasing an additional 360 shares during the period.

iShares CMBS ETF Price Performance

NYSEARCA:CMBS opened at $48.47 on Thursday. iShares CMBS ETF has a fifty-two week low of $47.90 and a fifty-two week high of $50.09. The firm’s 50 day moving average is $48.67 and its two-hundred day moving average is $49.01.

iShares CMBS ETF Profile

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.