iShares California Muni Bond ETF (NYSEARCA:CMF) Shares Sold by Miracle Mile Advisors LLC

Miracle Mile Advisors LLC cut its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 6.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 122,110 shares of the company’s stock after selling 7,738 shares during the quarter. Miracle Mile Advisors LLC’s holdings in iShares California Muni Bond ETF were worth $6,994,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Ballast Advisors LLC acquired a new stake in iShares California Muni Bond ETF during the third quarter worth approximately $29,000. CWM LLC acquired a new position in shares of iShares California Muni Bond ETF in the 3rd quarter worth approximately $73,000. Larson Financial Group LLC boosted its position in iShares California Muni Bond ETF by 100.0% during the 3rd quarter. Larson Financial Group LLC now owns 1,500 shares of the company’s stock valued at $87,000 after purchasing an additional 750 shares during the period. PFG Investments LLC acquired a new stake in shares of iShares California Muni Bond ETF in the third quarter valued at approximately $202,000. Finally, Watts Gwilliam & Co. LLC bought a new stake in iShares California Muni Bond ETF during the fourth quarter worth approximately $235,000.

iShares California Muni Bond ETF Stock Performance

Shares of CMF traded down $0.18 during trading hours on Monday, hitting $56.59. 1,581,851 shares of the company were exchanged, compared to its average volume of 630,793. iShares California Muni Bond ETF has a one year low of $56.32 and a one year high of $58.18. The firm has a fifty day simple moving average of $57.43 and a 200-day simple moving average of $57.51.

iShares California Muni Bond ETF Profile

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.