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

TIAA Trust National Association trimmed its holdings in shares of iShares CMBS ETF (NYSEARCA:CMBS) by 96.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 8,464 shares of the company’s stock after selling 220,658 shares during the period. TIAA Trust National Association owned approximately 0.10% of iShares CMBS ETF worth $400,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. MidAtlantic Capital Management Inc. raised its stake in iShares CMBS ETF by 65.2% during the fourth quarter. MidAtlantic Capital Management Inc. now owns 1,064 shares of the company’s stock valued at $50,000 after buying an additional 420 shares during the last quarter. Columbus Macro LLC increased its holdings in shares of iShares CMBS ETF by 3.9% during the fourth quarter. Columbus Macro LLC now owns 11,853 shares of the company’s stock valued at $559,000 after acquiring an additional 444 shares in the last quarter. Decker Retirement Planning Inc. purchased a new position in shares of iShares CMBS ETF in the 4th quarter worth about $28,000. Jones Financial Companies Lllp raised its position in shares of iShares CMBS ETF by 8.4% in the 4th quarter. Jones Financial Companies Lllp now owns 10,819 shares of the company’s stock worth $511,000 after purchasing an additional 836 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in iShares CMBS ETF by 2.9% in the 4th 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 in the last quarter.

iShares CMBS ETF Price Performance

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

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.