iShares California Muni Bond ETF $CMF Shares Sold by Clark Asset Management LLC

Clark Asset Management LLC cut its holdings in iShares California Muni Bond ETF (NYSEARCA:CMF) by 10.2% during the 2nd quarter, Holdings Channel reports. The firm owned 23,423 shares of the company’s stock after selling 2,675 shares during the period. Clark Asset Management LLC’s holdings in iShares California Muni Bond ETF were worth $1,306,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of CMF. GAMMA Investing LLC boosted its position in iShares California Muni Bond ETF by 21.3% during the first quarter. GAMMA Investing LLC now owns 8,361 shares of the company’s stock worth $471,000 after acquiring an additional 1,468 shares during the last quarter. Perigon Wealth Management LLC boosted its holdings in shares of iShares California Muni Bond ETF by 8.0% in the 1st quarter. Perigon Wealth Management LLC now owns 7,522 shares of the company’s stock valued at $423,000 after purchasing an additional 554 shares during the last quarter. Sovran Advisors LLC boosted its holdings in shares of iShares California Muni Bond ETF by 58.0% in the 1st quarter. Sovran Advisors LLC now owns 11,232 shares of the company’s stock valued at $620,000 after purchasing an additional 4,122 shares during the last quarter. Instrumental Wealth LLC boosted its holdings in shares of iShares California Muni Bond ETF by 9.5% in the 1st quarter. Instrumental Wealth LLC now owns 12,606 shares of the company’s stock valued at $698,000 after purchasing an additional 1,091 shares during the last quarter. Finally, Silver Oak Wealth Advisors Services LLC boosted its holdings in shares of iShares California Muni Bond ETF by 24.3% in the 1st quarter. Silver Oak Wealth Advisors Services LLC now owns 24,135 shares of the company’s stock valued at $1,358,000 after purchasing an additional 4,711 shares during the last quarter.

iShares California Muni Bond ETF Stock Performance

Shares of CMF opened at $57.62 on Tuesday. The company’s fifty day moving average is $56.76 and its two-hundred day moving average is $55.93. iShares California Muni Bond ETF has a fifty-two week low of $53.61 and a fifty-two week high of $58.14.

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.