Davidson Investment Advisors Acquires 6,557 Shares of iShares California Muni Bond ETF $CMF

Davidson Investment Advisors increased its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 43.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,585 shares of the company’s stock after acquiring an additional 6,557 shares during the quarter. Davidson Investment Advisors’ holdings in iShares California Muni Bond ETF were worth $1,203,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Wealthfront Advisers LLC raised its stake in shares of iShares California Muni Bond ETF by 31.1% in the first quarter. Wealthfront Advisers LLC now owns 8,951,879 shares of the company’s stock valued at $503,812,000 after buying an additional 2,124,579 shares during the period. Bailard Inc. raised its stake in shares of iShares California Muni Bond ETF by 8.4% in the first quarter. Bailard Inc. now owns 1,152,134 shares of the company’s stock valued at $64,842,000 after buying an additional 89,072 shares during the period. Jane Street Group LLC bought a new stake in shares of iShares California Muni Bond ETF in the first quarter valued at $58,068,000. Opes Wealth Management LLC raised its stake in shares of iShares California Muni Bond ETF by 5.4% in the first quarter. Opes Wealth Management LLC now owns 363,362 shares of the company’s stock valued at $20,450,000 after buying an additional 18,641 shares during the period. Finally, Assetmark Inc. raised its stake in shares of iShares California Muni Bond ETF by 9.0% in the first quarter. Assetmark Inc. now owns 358,976 shares of the company’s stock valued at $20,203,000 after buying an additional 29,572 shares during the period.

iShares California Muni Bond ETF Stock Performance

Shares of CMF opened at $57.34 on Thursday. The stock’s fifty day moving average price is $56.46 and its two-hundred day moving average price is $55.82. iShares California Muni Bond ETF has a 1 year low of $53.61 and a 1 year high of $58.14.

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.