TIAA Trust National Association Sells 220,658 Shares of iShares CMBS ETF (NYSEARCA:CMBS)

TIAA Trust National Association trimmed its position in shares of iShares CMBS ETF (NYSEARCA:CMBS) by 96.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,464 shares of the company’s stock after selling 220,658 shares during the quarter. TIAA Trust National Association’s holdings in iShares CMBS ETF were worth $400,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. LPL Financial LLC raised its holdings in shares of iShares CMBS ETF by 25.7% in the fourth quarter. LPL Financial LLC now owns 73,688 shares of the company’s stock worth $3,478,000 after buying an additional 15,076 shares during the period. Palogic Value Management L.P. grew its position in iShares CMBS ETF by 14.0% in the 4th quarter. Palogic Value Management L.P. now owns 23,138 shares of the company’s stock valued at $1,092,000 after acquiring an additional 2,849 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in iShares CMBS ETF by 2.9% in the fourth quarter. Commonwealth Equity Services LLC now owns 30,906 shares of the company’s stock worth $1,459,000 after purchasing an additional 871 shares during the period. HighTower Advisors LLC lifted its position in shares of iShares CMBS ETF by 15.5% during the fourth quarter. HighTower Advisors LLC now owns 72,940 shares of the company’s stock worth $3,443,000 after purchasing an additional 9,782 shares during the last quarter. Finally, Tortoise Investment Management LLC boosted its stake in shares of iShares CMBS ETF by 1.1% during the fourth quarter. Tortoise Investment Management LLC now owns 344,554 shares of the company’s stock valued at $16,263,000 after purchasing an additional 3,832 shares during the period.

iShares CMBS ETF Stock Up 0.4 %

CMBS stock opened at $48.07 on Friday. iShares CMBS ETF has a 12 month low of $45.76 and a 12 month high of $49.18. The firm’s 50-day moving average is $47.76 and its 200 day moving average is $47.75.

iShares CMBS ETF Company 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.