Wealthfront Advisers LLC lifted its position in iShares California Muni Bond ETF (NYSEARCA:CMF – Free Report) by 951.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 205,155 shares of the company’s stock after acquiring an additional 185,638 shares during the period. Wealthfront Advisers LLC’s holdings in iShares California Muni Bond ETF were worth $11,103,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of the company. Citizens Financial Group Inc. RI acquired a new stake in shares of iShares California Muni Bond ETF in the 4th quarter valued at approximately $206,000. Bell Investment Advisors Inc raised its holdings in iShares California Muni Bond ETF by 8.2% during the 4th quarter. Bell Investment Advisors Inc now owns 64,206 shares of the company’s stock worth $3,678,000 after buying an additional 4,853 shares during the period. Destination Wealth Management raised its holdings in iShares California Muni Bond ETF by 22.3% during the 4th quarter. Destination Wealth Management now owns 17,501 shares of the company’s stock worth $1,002,000 after buying an additional 3,191 shares during the period. One Capital Management LLC raised its holdings in iShares California Muni Bond ETF by 39.8% during the 4th quarter. One Capital Management LLC now owns 37,520 shares of the company’s stock worth $2,149,000 after buying an additional 10,675 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in iShares California Muni Bond ETF during the 4th quarter worth approximately $11,396,000.
iShares California Muni Bond ETF Stock Down 0.2 %
Shares of CMF opened at $56.83 on Wednesday. iShares California Muni Bond ETF has a twelve month low of $56.32 and a twelve month high of $58.18. The company has a 50 day moving average of $56.96 and a 200-day moving average of $57.38.
iShares California Muni Bond ETF Company 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.
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