FF Advisors LLC bought a new position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF – Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 40,123 shares of the company’s stock, valued at approximately $2,305,000. iShares California Muni Bond ETF makes up 1.0% of FF Advisors LLC’s portfolio, making the stock its 24th largest position.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CMF. Wealthfront Advisers LLC grew its holdings in iShares California Muni Bond ETF by 29.1% during the 4th quarter. Wealthfront Advisers LLC now owns 5,109,731 shares of the company’s stock worth $293,605,000 after acquiring an additional 1,151,376 shares in the last quarter. Jane Street Group LLC grew its holdings in iShares California Muni Bond ETF by 73.7% during the 2nd quarter. Jane Street Group LLC now owns 1,792,639 shares of the company’s stock worth $99,922,000 after acquiring an additional 760,870 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in iShares California Muni Bond ETF by 9.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,440,029 shares of the company’s stock worth $484,964,000 after acquiring an additional 703,735 shares in the last quarter. Bank of America Corp DE grew its holdings in iShares California Muni Bond ETF by 40.0% during the 3rd quarter. Bank of America Corp DE now owns 1,640,770 shares of the company’s stock worth $93,589,000 after acquiring an additional 468,664 shares in the last quarter. Finally, Axxcess Wealth Management LLC bought a new position in iShares California Muni Bond ETF during the 4th quarter worth about $11,256,000.
iShares California Muni Bond ETF Stock Performance
NYSEARCA:CMF opened at $57.31 on Friday. iShares California Muni Bond ETF has a fifty-two week low of $55.13 and a fifty-two week high of $58.44. The company’s 50-day simple moving average is $57.20 and its 200-day simple moving average is $57.46.
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.
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