Garde Capital Inc. Makes New Investment in iShares California Muni Bond ETF (NYSEARCA:CMF)

Garde Capital Inc. purchased a new stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 122,339 shares of the company’s stock, valued at approximately $6,885,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CMF. Wealthspire Advisors LLC lifted its holdings in iShares California Muni Bond ETF by 4.6% during the 4th quarter. Wealthspire Advisors LLC now owns 23,561 shares of the company’s stock worth $1,350,000 after buying an additional 1,044 shares in the last quarter. Stifel Financial Corp lifted its stake in shares of iShares California Muni Bond ETF by 48.6% in the 4th quarter. Stifel Financial Corp now owns 25,559 shares of the company’s stock valued at $1,464,000 after purchasing an additional 8,357 shares during the period. Millennium Management LLC bought a new position in shares of iShares California Muni Bond ETF in the 4th quarter worth $588,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares California Muni Bond ETF by 39.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 19,036 shares of the company’s stock worth $1,090,000 after purchasing an additional 5,377 shares during the period. Finally, HighTower Advisors LLC lifted its stake in iShares California Muni Bond ETF by 28.5% in the fourth quarter. HighTower Advisors LLC now owns 42,746 shares of the company’s stock valued at $2,448,000 after buying an additional 9,470 shares during the period.

iShares California Muni Bond ETF Stock Performance

iShares California Muni Bond ETF stock opened at $55.55 on Friday. The business has a 50-day moving average of $55.48 and a 200-day moving average of $56.35. 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.