Apella Capital LLC Buys 31,585 Shares of iShares California Muni Bond ETF $CMF

Apella Capital LLC boosted its stake in iShares California Muni Bond ETF (NYSEARCA:CMF) by 15.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 236,278 shares of the company’s stock after acquiring an additional 31,585 shares during the period. Apella Capital LLC owned about 0.26% of iShares California Muni Bond ETF worth $12,724,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Wealthfront Advisers LLC grew its holdings in shares of iShares California Muni Bond ETF by 21.3% during the first quarter. Wealthfront Advisers LLC now owns 6,199,721 shares of the company’s stock worth $352,516,000 after purchasing an additional 1,089,990 shares during the last quarter. Syon Capital LLC lifted its holdings in shares of iShares California Muni Bond ETF by 3.2% in the 2nd quarter. Syon Capital LLC now owns 1,395,697 shares of the company’s stock valued at $80,448,000 after purchasing an additional 43,569 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of iShares California Muni Bond ETF by 9.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,118,263 shares of the company’s stock valued at $64,457,000 after purchasing an additional 97,204 shares during the period. Royal Bank of Canada boosted its position in shares of iShares California Muni Bond ETF by 4.7% in the 1st quarter. Royal Bank of Canada now owns 471,638 shares of the company’s stock valued at $26,817,000 after purchasing an additional 21,217 shares during the period. Finally, Assetmark Inc. grew its stake in iShares California Muni Bond ETF by 5.1% during the 1st quarter. Assetmark Inc. now owns 391,733 shares of the company’s stock worth $22,274,000 after buying an additional 18,851 shares during the last quarter.

iShares California Muni Bond ETF Stock Performance

Shares of CMF traded down $0.07 during mid-day trading on Thursday, reaching $53.77. 3,909,465 shares of the company’s stock were exchanged, compared to its average volume of 772,091. iShares California Muni Bond ETF has a 52-week low of $53.62 and a 52-week high of $58.44. The business’s fifty day simple moving average is $55.67 and its 200-day simple moving average is $56.65.

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. 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.