Slow Capital Inc. Acquires 49,357 Shares of iShares California Muni Bond ETF $CMF

Slow Capital Inc. boosted its holdings in iShares California Muni Bond ETF (NYSEARCA:CMF) by 21.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 281,447 shares of the company’s stock after purchasing an additional 49,357 shares during the quarter. iShares California Muni Bond ETF accounts for about 1.9% of Slow Capital Inc.’s portfolio, making the stock its 11th largest holding. Slow Capital Inc. owned approximately 0.42% of iShares California Muni Bond ETF worth $16,172,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Sherman Asset Management Inc. increased its holdings in shares of iShares California Muni Bond ETF by 5.1% during the second quarter. Sherman Asset Management Inc. now owns 3,744 shares of the company’s stock worth $209,000 after purchasing an additional 181 shares during the period. Instrumental Wealth LLC raised its position in shares of iShares California Muni Bond ETF by 1.4% in the third quarter. Instrumental Wealth LLC now owns 13,118 shares of the company’s stock valued at $754,000 after buying an additional 182 shares in the last quarter. Traveka Wealth LLC boosted its stake in shares of iShares California Muni Bond ETF by 0.3% in the fourth quarter. Traveka Wealth LLC now owns 63,533 shares of the company’s stock valued at $3,651,000 after buying an additional 186 shares during the period. SimpliFi Inc. boosted its stake in shares of iShares California Muni Bond ETF by 0.8% in the third quarter. SimpliFi Inc. now owns 26,035 shares of the company’s stock valued at $1,485,000 after buying an additional 199 shares during the period. Finally, GAMMA Investing LLC grew its position in iShares California Muni Bond ETF by 4.3% during the fourth quarter. GAMMA Investing LLC now owns 5,150 shares of the company’s stock worth $296,000 after buying an additional 211 shares in the last quarter.

iShares California Muni Bond ETF Stock Performance

iShares California Muni Bond ETF stock opened at $57.32 on Friday. The stock’s fifty day moving average price is $57.54 and its two-hundred day moving average price is $57.51. iShares California Muni Bond ETF has a one year low of $54.70 and a one year high of $58.44.

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. The Index is a subset of the S&P National AMT-Free Municipal Bond Index and is consists of municipal bonds issued in the State of California.