TIAA Trust National Association Invests $2.04 Million in iShares CMBS ETF $CMBS

TIAA Trust National Association acquired a new stake in shares of iShares CMBS ETF (NYSEARCA:CMBSFree Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 41,898 shares of the company’s stock, valued at approximately $2,041,000. TIAA Trust National Association owned approximately 0.44% of iShares CMBS ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of CMBS. Boyd Watterson Asset Management LLC OH acquired a new position in iShares CMBS ETF in the 1st quarter worth about $28,000. Truist Financial Corp acquired a new position in shares of iShares CMBS ETF in the second quarter valued at approximately $230,000. City Center Advisors LLC increased its stake in shares of iShares CMBS ETF by 10.3% in the second quarter. City Center Advisors LLC now owns 5,767 shares of the company’s stock valued at $281,000 after buying an additional 538 shares during the period. Cullen Frost Bankers Inc. boosted its position in iShares CMBS ETF by 7.3% during the 1st quarter. Cullen Frost Bankers Inc. now owns 5,990 shares of the company’s stock worth $288,000 after buying an additional 409 shares during the period. Finally, OLD Mission Capital LLC acquired a new stake in iShares CMBS ETF during the 1st quarter worth approximately $451,000.

iShares CMBS ETF Stock Performance

Shares of NYSEARCA CMBS opened at $48.92 on Tuesday. iShares CMBS ETF has a 52-week low of $46.74 and a 52-week high of $50.09. The firm has a 50 day moving average price of $49.11 and a two-hundred day moving average price of $48.61.

iShares CMBS ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for iShares CMBS ETF (NYSEARCA:CMBS)

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