Columbia Bank Raises Stock Holdings in iShares California Muni Bond ETF $CMF

Columbia Bank raised its position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 67.5% during the 2nd quarter, Holdings Channel reports. The firm owned 61,051 shares of the company’s stock after buying an additional 24,600 shares during the quarter. iShares California Muni Bond ETF comprises 1.0% of Columbia Bank’s portfolio, making the stock its 23rd largest holding. Columbia Bank’s holdings in iShares California Muni Bond ETF were worth $3,393,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of CMF. AlphaCore Capital LLC purchased a new position in shares of iShares California Muni Bond ETF in the first quarter worth about $66,000. Sowell Financial Services LLC acquired a new position in iShares California Muni Bond ETF in the 2nd quarter worth approximately $214,000. Stordahl Capital Management Inc. increased its holdings in iShares California Muni Bond ETF by 7.7% in the 2nd quarter. Stordahl Capital Management Inc. now owns 3,956 shares of the company’s stock worth $221,000 after buying an additional 283 shares during the period. Calton & Associates Inc. raised its position in iShares California Muni Bond ETF by 5.8% during the 1st quarter. Calton & Associates Inc. now owns 4,224 shares of the company’s stock worth $238,000 after buying an additional 230 shares during the last quarter. Finally, Wise Wealth Partners lifted its stake in iShares California Muni Bond ETF by 8.0% during the 2nd quarter. Wise Wealth Partners now owns 5,796 shares of the company’s stock valued at $323,000 after acquiring an additional 428 shares during the period.

iShares California Muni Bond ETF Stock Up 0.1%

CMF stock opened at $57.58 on Tuesday. iShares California Muni Bond ETF has a 12 month low of $53.61 and a 12 month high of $58.14. The firm’s fifty day simple moving average is $57.31 and its 200-day simple moving average is $56.24.

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.