Mission Wealth Management LP Decreases Stock Holdings in iShares California Muni Bond ETF $CMF

Mission Wealth Management LP trimmed its stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 18.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 80,393 shares of the company’s stock after selling 18,716 shares during the period. Mission Wealth Management LP’s holdings in iShares California Muni Bond ETF were worth $4,481,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Wealthfront Advisers LLC increased its holdings in iShares California Muni Bond ETF by 31.1% during the first quarter. Wealthfront Advisers LLC now owns 8,951,879 shares of the company’s stock valued at $503,812,000 after buying an additional 2,124,579 shares during the last quarter. Facet Wealth Inc. increased its holdings in iShares California Muni Bond ETF by 24.0% during the second quarter. Facet Wealth Inc. now owns 1,278,713 shares of the company’s stock valued at $70,892,000 after buying an additional 247,805 shares during the last quarter. Bailard Inc. increased its holdings in iShares California Muni Bond ETF by 8.4% during the first quarter. Bailard Inc. now owns 1,152,134 shares of the company’s stock valued at $64,842,000 after buying an additional 89,072 shares during the last quarter. Jane Street Group LLC purchased a new stake in iShares California Muni Bond ETF during the first quarter valued at approximately $58,068,000. Finally, TIAA Trust National Association increased its holdings in iShares California Muni Bond ETF by 31.5% during the second quarter. TIAA Trust National Association now owns 732,028 shares of the company’s stock valued at $40,803,000 after buying an additional 175,539 shares during the last quarter.

iShares California Muni Bond ETF Stock Up 0.1%

Shares of CMF stock opened at $57.54 on Friday. iShares California Muni Bond ETF has a 12 month low of $53.61 and a 12 month high of $58.14. The company has a 50 day simple moving average of $56.90 and a two-hundred day simple moving average of $56.00.

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.