iShares California Muni Bond ETF $CMF Holdings Decreased by Wealthfront Advisers LLC

Wealthfront Advisers LLC reduced its stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 3.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,648,197 shares of the company’s stock after selling 303,682 shares during the quarter. iShares California Muni Bond ETF comprises about 1.2% of Wealthfront Advisers LLC’s investment portfolio, making the stock its 17th largest holding. Wealthfront Advisers LLC owned 13.74% of iShares California Muni Bond ETF worth $482,051,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CMF. Ndwm LLC raised its holdings in iShares California Muni Bond ETF by 121.4% during the 2nd quarter. Ndwm LLC now owns 96,464 shares of the company’s stock worth $5,377,000 after buying an additional 52,893 shares during the period. Opes Wealth Management LLC grew its stake in iShares California Muni Bond ETF by 6.6% during the 2nd quarter. Opes Wealth Management LLC now owns 387,164 shares of the company’s stock valued at $21,581,000 after acquiring an additional 23,802 shares in the last quarter. Silver Oak Wealth Advisors Services LLC grew its stake in iShares California Muni Bond ETF by 229.6% during the 2nd quarter. Silver Oak Wealth Advisors Services LLC now owns 79,545 shares of the company’s stock valued at $4,434,000 after acquiring an additional 55,410 shares in the last quarter. Caliber Wealth Management LLC KS purchased a new position in iShares California Muni Bond ETF during the 2nd quarter valued at about $455,000. Finally, Whittier Trust Co. grew its stake in iShares California Muni Bond ETF by 4.7% during the 2nd quarter. Whittier Trust Co. now owns 55,197 shares of the company’s stock valued at $3,077,000 after acquiring an additional 2,468 shares in the last quarter.

iShares California Muni Bond ETF Stock Up 0.0%

NYSEARCA:CMF opened at $57.62 on Friday. iShares California Muni Bond ETF has a fifty-two week low of $53.61 and a fifty-two week high of $58.14. The stock’s 50-day moving average is $56.72 and its two-hundred day moving average is $55.91.

iShares California Muni Bond ETF 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.