B. Riley Wealth Advisors Inc. increased its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF – Free Report) by 28.1% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 5,639 shares of the company’s stock after acquiring an additional 1,236 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in iShares California Muni Bond ETF were worth $328,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Ballast Advisors LLC bought a new position in iShares California Muni Bond ETF in the third quarter valued at approximately $29,000. Angeles Wealth Management LLC boosted its stake in iShares California Muni Bond ETF by 107.5% in the 2nd quarter. Angeles Wealth Management LLC now owns 583 shares of the company’s stock worth $33,000 after purchasing an additional 302 shares during the period. Aptus Capital Advisors LLC bought a new position in iShares California Muni Bond ETF during the 2nd quarter worth about $40,000. Rothschild Investment LLC acquired a new stake in shares of iShares California Muni Bond ETF in the 2nd quarter valued at about $43,000. Finally, Larson Financial Group LLC bought a new stake in shares of iShares California Muni Bond ETF in the second quarter valued at about $43,000.
iShares California Muni Bond ETF Trading Up 0.4 %
NYSEARCA:CMF opened at $57.02 on Friday. The stock has a 50-day simple moving average of $57.49 and a 200 day simple moving average of $57.49. iShares California Muni Bond ETF has a 52-week low of $56.32 and a 52-week high of $58.18.
About iShares California Muni Bond ETF
iShares California AMT-Free Muni Bond ETF (the Fund), formerly iShares S&P California AMT-Free Municipal Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the S&P California AMT-Free Municipal Bond Index (the Index), which measures the performance of the investment-grade segment of the California municipal bond market and the components primarily include transportation and utilities companies.
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Want to see what other hedge funds are holding CMF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares California Muni Bond ETF (NYSEARCA:CMF – Free Report).
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