Angeles Wealth Management LLC Raises Stock Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

Angeles Wealth Management LLC grew its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 209.1% during the fourth quarter, Holdings Channel reports. The firm owned 1,802 shares of the company’s stock after purchasing an additional 1,219 shares during the quarter. Angeles Wealth Management LLC’s holdings in iShares California Muni Bond ETF were worth $103,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of CMF. Sanchez Wealth Management Group acquired a new position in shares of iShares California Muni Bond ETF during the fourth quarter worth about $382,000. Golden State Wealth Management LLC acquired a new position in shares of iShares California Muni Bond ETF during the fourth quarter worth about $415,000. Ledyard National Bank acquired a new position in shares of iShares California Muni Bond ETF during the fourth quarter worth about $344,000. WESPAC Advisors SoCal LLC grew its position in shares of iShares California Muni Bond ETF by 49.5% during the fourth quarter. WESPAC Advisors SoCal LLC now owns 7,857 shares of the company’s stock worth $450,000 after buying an additional 2,601 shares in the last quarter. Finally, Leisure Capital Management grew its position in shares of iShares California Muni Bond ETF by 287.2% during the fourth quarter. Leisure Capital Management now owns 24,353 shares of the company’s stock worth $1,395,000 after buying an additional 18,063 shares in the last quarter.

iShares California Muni Bond ETF Price Performance

Shares of iShares California Muni Bond ETF stock opened at $56.92 on Wednesday. iShares California Muni Bond ETF has a one year low of $56.32 and a one year high of $58.18. The business has a 50-day simple moving average of $57.15 and a 200-day simple moving average of $57.46.

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.