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BlackRock 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)....

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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 2for-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 : iShares California Muni Bond ETF

Ticker : CMF

Inception Date: 10/04/2007

NAV/Share  (as of 09/29/17) : $118.28

Proposed Forward Split Ratio 2 for 1

Fund Name : iShares New York Muni Bond ETF

Ticker : NYF

Inception Date: 10/04/2007

NAV/Share  (as of 09/29/17) : $111.73

Proposed Forward Split Ratio 2 for 1

Source: ETFWorld.com