Integrated Advisors Network LLC Invests $4.23 Million in iShares California Muni Bond ETF $CMF

Integrated Advisors Network LLC purchased a new position in iShares California Muni Bond ETF (NYSEARCA:CMF) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 74,459 shares of the company’s stock, valued at approximately $4,234,000.

Other hedge funds also recently modified their holdings of the company. WFA of San Diego LLC acquired a new stake in iShares California Muni Bond ETF during the second quarter worth about $26,000. Rosenberg Matthew Hamilton bought a new stake in shares of iShares California Muni Bond ETF during the 4th quarter worth approximately $30,000. Optima Capital LLC acquired a new stake in shares of iShares California Muni Bond ETF during the 4th quarter worth approximately $50,000. Ares Financial Consulting LLC bought a new position in iShares California Muni Bond ETF in the fourth quarter valued at approximately $67,000. Finally, Richards Merrill & Peterson Inc. bought a new position in iShares California Muni Bond ETF in the fourth quarter valued at approximately $70,000.

iShares California Muni Bond ETF Stock Down 0.1%

CMF traded down $0.08 during trading on Tuesday, hitting $57.49. 128,430 shares of the stock traded hands, compared to its average volume of 482,101. The business has a 50 day moving average price of $57.28 and a 200 day moving average price of $57.47. iShares California Muni Bond ETF has a twelve month low of $55.13 and a twelve month high of $58.44.

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.