Heritage Wealth Management Inc. CA Decreases Position in iShares California Muni Bond ETF $CMF

Heritage Wealth Management Inc. CA decreased its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 3.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 47,013 shares of the company’s stock after selling 1,705 shares during the quarter. iShares California Muni Bond ETF makes up approximately 1.7% of Heritage Wealth Management Inc. CA’s portfolio, making the stock its 13th biggest position. Heritage Wealth Management Inc. CA owned approximately 0.07% of iShares California Muni Bond ETF worth $2,620,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in CMF. GAMMA Investing LLC lifted its stake in iShares California Muni Bond ETF by 21.3% in the first quarter. GAMMA Investing LLC now owns 8,361 shares of the company’s stock valued at $471,000 after buying an additional 1,468 shares during the last quarter. Halbert Hargrove Global Advisors LLC purchased a new stake in iShares California Muni Bond ETF in the first quarter valued at approximately $31,000. Envestnet Portfolio Solutions Inc. lifted its stake in iShares California Muni Bond ETF by 12.3% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 204,743 shares of the company’s stock valued at $11,523,000 after buying an additional 22,438 shares during the last quarter. True Link Financial Advisors LLC lifted its stake in iShares California Muni Bond ETF by 6.2% in the first quarter. True Link Financial Advisors LLC now owns 12,160 shares of the company’s stock valued at $684,000 after buying an additional 710 shares during the last quarter. Finally, ERTS Wealth Advisors LLC lifted its stake in iShares California Muni Bond ETF by 17.2% in the first quarter. ERTS Wealth Advisors LLC now owns 5,355 shares of the company’s stock valued at $301,000 after buying an additional 785 shares during the last quarter.

iShares California Muni Bond ETF Trading Down 0.2%

Shares of NYSEARCA CMF opened at $57.23 on Wednesday. iShares California Muni Bond ETF has a twelve month low of $53.61 and a twelve month high of $58.14. The stock has a 50 day moving average of $56.42 and a two-hundred day moving average of $55.81.

About iShares California Muni Bond ETF

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.