FARMERS & MERCHANTS TRUST Co OF LONG BEACH Decreases Holdings in iShares California Muni Bond ETF $CMF

FARMERS & MERCHANTS TRUST Co OF LONG BEACH trimmed its holdings in iShares California Muni Bond ETF (NYSEARCA:CMF) by 28.7% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 9,060 shares of the company’s stock after selling 3,650 shares during the quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH’s holdings in iShares California Muni Bond ETF were worth $505,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in CMF. GC Wealth Management RIA LLC purchased a new position in iShares California Muni Bond ETF in the 2nd quarter worth $747,000. TRU Independence Asset Management 2 LLC boosted its position in iShares California Muni Bond ETF by 8.9% during the second quarter. TRU Independence Asset Management 2 LLC now owns 12,857 shares of the company’s stock valued at $717,000 after buying an additional 1,050 shares during the period. Paragon Capital Management Ltd bought a new position in shares of iShares California Muni Bond ETF during the second quarter valued at about $728,000. Instrumental Wealth LLC increased its holdings in shares of iShares California Muni Bond ETF by 2.6% in the second quarter. Instrumental Wealth LLC now owns 12,936 shares of the company’s stock worth $717,000 after buying an additional 330 shares during the period. Finally, Sowell Financial Services LLC purchased a new position in shares of iShares California Muni Bond ETF in the second quarter worth about $214,000.

iShares California Muni Bond ETF Stock Performance

Shares of CMF stock opened at $56.86 on Monday. iShares California Muni Bond ETF has a 1-year low of $53.61 and a 1-year high of $58.18. The business has a 50-day moving average of $56.02 and a 200 day moving average of $55.75.

About iShares California Muni Bond ETF

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.