Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  BlackRock    BLK

BLACKROCK (BLK)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsTweets
OFFRE

BlackRock : Announces Share Split for iShares California and New York Muni Bond ETFs

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/03/2017 | 03:02pm CEST

BlackRock (NYSE: BLK) announces that the Board of Trustees of iShares Trust has authorized a share split for iShares California Muni Bond ETF (CMF) and iShares New York Muni Bond ETF (NYF).

The Board has approved a 2-for-1 split for these funds for shareholders of record as of the close of business on October 13, 2017, payable after the close of trading on October 17, 2017. The 2-for-1 split will lower the share price and increase the number of outstanding shares. The total value of shares outstanding is not affected by the split.

                                 
Fund Name       Ticker       Inception Date       NAV/Share       Proposed Forward
                        (as of 09/29/17)       Split Ratio
iShares California Muni Bond ETF       CMF       10/04/2007       $118.28       2 for 1
iShares New York Muni Bond ETF       NYF       10/04/2007       $111.73       2 for 1
 

About BlackRock

BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. At June 30, 2017, BlackRock’s AUM was $5.68 trillion1. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled investment vehicles. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. As of June 30, 2017, the firm had approximately 13,000 employees in more than 30 countries and a major presence in global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit the Company’s website at www.blackrock.com | Twitter: @blackrock_news | Blog: www.blackrockblog.com | LinkedIn: www.linkedin.com/company/blackrock

About iShares

iShares® is a global leader in exchange-traded funds (ETFs), with more than a decade of expertise and commitment to individual and institutional investors of all sizes. With over 700 funds globally across multiple asset classes and strategies and more than $1.5 trillion in assets under management as of June 30, 2017, iShares helps clients around the world build the core of their portfolios, meet specific investment goals and implement market views. iShares funds are powered by the expert portfolio and risk management of BlackRock, trusted to manage more money than any other investment firm1.

Based on $5.68 trillion in AUM as of 6/30/17

Carefully consider the Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses which may be obtained by visiting www.iShares.com or www.blackrock.com. Read the prospectus carefully before investing.

Investing involves risk, including possible loss of principal.

The iShares Funds are distributed by BlackRock Investments, LLC (together with its affiliates, “BlackRock”).

Fixed income risks include interest-rate and credit risk. Typically, when interest rates rise, there is a corresponding decline in bond values. Credit risk refers to the possibility that the bond issuer will not be able to make principal and interest payments. There may be less information on the financial condition of municipal issuers than for public corporations. The market for municipal bonds may be less liquid than for taxable bonds. Some investors may be subject to federal or state income taxes or the Alternative Minimum Tax (AMT). Capital gains distributions, if any, are taxable.

©2017 BlackRock. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock. All other marks are the property of their respective owners. 271259


© Business Wire 2017
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BLACKROCK
02:26pBank of America Corp DE Acquires 230,688 Shares of Rockwell Automation (ROK)
AQ
12:29pBLACKROCK : Sells 2,257,798 Shares of Verisign, Inc. (VRSN)
AQ
10:27aVIRTUSA : Strs Ohio Acquires 1,700 Shares of Virtusa Co. (VRTU)
AQ
09/21SUBSEA 7 S.A. : Notification of major holdings
AQ
09/21UCB : Transparency notifications BlackRock Inc
AQ
09/21VIRTUSA : VRTU) Shares Bought by Voya Investment Management LLC
AQ
09/21BLACKROCK : Science Applications International Corp Position Raised by BlackRock..
AQ
09/20BLACKROCK'S FINK : U.S. a short-term 'big winner' in China trade war
RE
09/20SOLVAY : Participation Notification by Blackrock Inc.
AQ
09/19BLACKROCK : reg; Canada Announces Final September Cash Distributions for the iSh..
AQ
More news
News from SeekingAlpha
09/20Open Letter To Blackrock CEO, Larry Fink 
09/18BLACKROCK : Crown Jewel + Hidden Gem = Opportunity 
09/17Steady As She Goes For AllianceBernstein 
09/17Is BlackRock Finally Looking Attractive? 
09/17Affiliated Managers Group Reaches Another China Milestone 
Financials ($)
Sales 2018 14 692 M
EBIT 2018 5 850 M
Net income 2018 4 459 M
Finance 2018 5 925 M
Yield 2018 2,46%
P/E ratio 2018 17,71
P/E ratio 2019 16,27
EV / Sales 2018 4,89x
EV / Sales 2019 4,45x
Capitalization 77 815 M
Chart BLACKROCK
Duration : Period :
BlackRock Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BLACKROCK
Short TermMid-TermLong Term
TrendsBullishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 584 $
Spread / Average Target 20%
EPS Revisions
Managers
NameTitle
Laurence Douglas Fink Chairman & Chief Executive Officer
Robert Steven Kapito President & Non-Independent Director
Robert L. Goldstein Chief Operating Officer & Senior Managing Director
Gary S. Shedlin Chief Financial Officer & Senior Managing Director
Derek N. Stein Global Head-Business Operations & Technology
Sector and Competitors
1st jan.Capitalization (M$)
BLACKROCK-5.08%77 815
BANK OF NEW YORK MELLON (THE)-0.87%53 387
STATE STREET CORPORATION-9.06%33 681
NORTHERN TRUST CORPORATION6.83%24 299
AMERIPRISE FINANCIAL-11.49%21 197
FRANKLIN RESOURCES-24.26%17 298