Pure Financial Advisors LLC Decreases Holdings in iShares California Muni Bond ETF (NYSEARCA:CMF)

Pure Financial Advisors LLC decreased its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 0.7% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 197,195 shares of the company’s stock after selling 1,390 shares during the quarter. Pure Financial Advisors LLC’s holdings in iShares California Muni Bond ETF were worth $11,098,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Twin Peaks Wealth Advisors LLC boosted its position in iShares California Muni Bond ETF by 3.8% during the 1st quarter. Twin Peaks Wealth Advisors LLC now owns 5,684 shares of the company’s stock valued at $314,000 after buying an additional 206 shares during the period. Exencial Wealth Advisors LLC raised its stake in shares of iShares California Muni Bond ETF by 6.0% during the fourth quarter. Exencial Wealth Advisors LLC now owns 4,406 shares of the company’s stock valued at $252,000 after acquiring an additional 250 shares during the last quarter. PFG Advisors boosted its holdings in shares of iShares California Muni Bond ETF by 5.0% during the fourth quarter. PFG Advisors now owns 5,724 shares of the company’s stock worth $328,000 after purchasing an additional 272 shares during the period. Atria Wealth Solutions Inc. boosted its holdings in shares of iShares California Muni Bond ETF by 4.1% during the fourth quarter. Atria Wealth Solutions Inc. now owns 12,021 shares of the company’s stock worth $689,000 after purchasing an additional 468 shares during the period. Finally, Halbert Hargrove Global Advisors LLC bought a new stake in shares of iShares California Muni Bond ETF in the first quarter worth about $31,000.

iShares California Muni Bond ETF Price Performance

CMF opened at $55.64 on Thursday. iShares California Muni Bond ETF has a one year low of $53.61 and a one year high of $58.18. The business has a 50 day simple moving average of $55.50 and a two-hundred day simple moving average of $56.30.

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.