Opes Wealth Management LLC Acquires 20,715 Shares of iShares California Muni Bond ETF $CMF

Opes Wealth Management LLC raised its holdings in iShares California Muni Bond ETF (NYSEARCA:CMF) by 5.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 438,978 shares of the company’s stock after purchasing an additional 20,715 shares during the period. iShares California Muni Bond ETF accounts for approximately 4.1% of Opes Wealth Management LLC’s portfolio, making the stock its 3rd largest holding. Opes Wealth Management LLC owned approximately 0.64% of iShares California Muni Bond ETF worth $25,224,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of CMF. Wealthfront Advisers LLC lifted its holdings in shares of iShares California Muni Bond ETF by 29.1% in the fourth quarter. Wealthfront Advisers LLC now owns 5,109,731 shares of the company’s stock valued at $293,605,000 after purchasing an additional 1,151,376 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of iShares California Muni Bond ETF by 73.7% in the second quarter. Jane Street Group LLC now owns 1,792,639 shares of the company’s stock valued at $99,922,000 after purchasing an additional 760,870 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of iShares California Muni Bond ETF by 40.0% in the third quarter. Bank of America Corp DE now owns 1,640,770 shares of the company’s stock valued at $93,589,000 after purchasing an additional 468,664 shares in the last quarter. Captrust Financial Advisors lifted its holdings in shares of iShares California Muni Bond ETF by 66.7% in the second quarter. Captrust Financial Advisors now owns 342,904 shares of the company’s stock valued at $19,113,000 after purchasing an additional 137,264 shares in the last quarter. Finally, Orion Porfolio Solutions LLC lifted its holdings in shares of iShares California Muni Bond ETF by 636.1% in the second quarter. Orion Porfolio Solutions LLC now owns 134,094 shares of the company’s stock valued at $7,474,000 after purchasing an additional 115,877 shares in the last quarter.

iShares California Muni Bond ETF Stock Up 0.1%

Shares of NYSEARCA CMF opened at $57.31 on Friday. iShares California Muni Bond ETF has a 12-month low of $55.13 and a 12-month high of $58.44. The firm’s 50-day moving average is $57.40 and its two-hundred day moving average is $57.54.

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. 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.