Fairview Capital Investment Management LLC Raises Stock Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

Fairview Capital Investment Management LLC grew its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 3.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 29,295 shares of the company’s stock after purchasing an additional 1,075 shares during the quarter. Fairview Capital Investment Management LLC’s holdings in iShares California Muni Bond ETF were worth $1,678,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in CMF. McNaughton Wealth Management LLC grew its position in iShares California Muni Bond ETF by 0.8% in the 4th quarter. McNaughton Wealth Management LLC now owns 24,055 shares of the company’s stock valued at $1,378,000 after acquiring an additional 191 shares during the last quarter. First National Bank Sioux Falls raised its stake in shares of iShares California Muni Bond ETF by 2.2% during the 4th quarter. First National Bank Sioux Falls now owns 10,222 shares of the company’s stock worth $586,000 after acquiring an additional 222 shares in the last quarter. Exencial Wealth Advisors LLC boosted its position in shares of iShares California Muni Bond ETF by 6.0% in the 4th quarter. Exencial Wealth Advisors LLC now owns 4,406 shares of the company’s stock worth $252,000 after purchasing an additional 250 shares in the last quarter. Dynamic Advisor Solutions LLC grew its stake in shares of iShares California Muni Bond ETF by 0.9% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 29,584 shares of the company’s stock worth $1,695,000 after acquiring an additional 261 shares during the last quarter. Finally, PFG Advisors grew its position in iShares California Muni Bond ETF by 5.0% during the 4th quarter. PFG Advisors now owns 5,724 shares of the company’s stock worth $328,000 after purchasing an additional 272 shares during the last quarter.

iShares California Muni Bond ETF Stock Performance

Shares of NYSEARCA:CMF opened at $55.65 on Friday. The business has a 50-day moving average price of $55.89 and a 200-day moving average price of $56.75. iShares California Muni Bond ETF has a 52-week low of $53.61 and a 52-week high of $58.18.

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.