Focus Partners Wealth Buys 43,770 Shares of iShares California Muni Bond ETF (NYSEARCA:CMF)

Focus Partners Wealth boosted its stake in iShares California Muni Bond ETF (NYSEARCA:CMF) by 40.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 151,584 shares of the company’s stock after purchasing an additional 43,770 shares during the period. Focus Partners Wealth owned approximately 0.31% of iShares California Muni Bond ETF worth $8,703,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Bank of America Corp DE grew its position in iShares California Muni Bond ETF by 24.7% in the 4th quarter. Bank of America Corp DE now owns 1,693,917 shares of the company’s stock worth $97,028,000 after purchasing an additional 335,577 shares during the period. EP Wealth Advisors LLC boosted its stake in shares of iShares California Muni Bond ETF by 8.7% during the 4th quarter. EP Wealth Advisors LLC now owns 1,422,978 shares of the company’s stock worth $81,508,000 after acquiring an additional 113,763 shares during the last quarter. Facet Wealth Inc. boosted its stake in shares of iShares California Muni Bond ETF by 15.8% during the 4th quarter. Facet Wealth Inc. now owns 1,148,937 shares of the company’s stock worth $65,409,000 after acquiring an additional 156,961 shares during the last quarter. Bailard Inc. boosted its stake in shares of iShares California Muni Bond ETF by 25.1% during the 4th quarter. Bailard Inc. now owns 1,063,062 shares of the company’s stock worth $60,892,000 after acquiring an additional 213,617 shares during the last quarter. Finally, Mariner LLC boosted its stake in shares of iShares California Muni Bond ETF by 10.4% during the 4th quarter. Mariner LLC now owns 881,431 shares of the company’s stock worth $50,488,000 after acquiring an additional 82,766 shares during the last quarter.

iShares California Muni Bond ETF Trading Up 0.2%

Shares of iShares California Muni Bond ETF stock opened at $55.75 on Wednesday. The company’s fifty day simple moving average is $55.81 and its 200-day simple moving average is $56.72. iShares California Muni Bond ETF has a 1-year low of $53.61 and a 1-year high of $58.18.

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.