iShares California Muni Bond ETF $CMF is Opes Wealth Management LLC’s 4th Largest Position

Opes Wealth Management LLC grew its stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 6.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 387,164 shares of the company’s stock after acquiring an additional 23,802 shares during the quarter. iShares California Muni Bond ETF comprises about 3.8% of Opes Wealth Management LLC’s investment portfolio, making the stock its 4th biggest holding. Opes Wealth Management LLC owned 0.62% of iShares California Muni Bond ETF worth $21,581,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Calton & Associates Inc. raised its holdings in shares of iShares California Muni Bond ETF by 5.8% during the first quarter. Calton & Associates Inc. now owns 4,224 shares of the company’s stock valued at $238,000 after purchasing an additional 230 shares during the last quarter. HCR Wealth Advisors raised its stake in iShares California Muni Bond ETF by 1.0% during the 2nd quarter. HCR Wealth Advisors now owns 23,987 shares of the company’s stock valued at $1,337,000 after buying an additional 241 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in shares of iShares California Muni Bond ETF by 1.1% during the 1st quarter. Hsbc Holdings PLC now owns 24,929 shares of the company’s stock valued at $1,403,000 after buying an additional 266 shares during the period. Stordahl Capital Management Inc. boosted its stake in shares of iShares California Muni Bond ETF by 7.7% in the 2nd quarter. Stordahl Capital Management Inc. now owns 3,956 shares of the company’s stock worth $221,000 after buying an additional 283 shares during the last quarter. Finally, Empower Advisory Group LLC increased its position in iShares California Muni Bond ETF by 1.3% during the first quarter. Empower Advisory Group LLC now owns 25,563 shares of the company’s stock valued at $1,439,000 after acquiring an additional 317 shares during the last quarter.

iShares California Muni Bond ETF Price Performance

CMF stock opened at $57.60 on Friday. The business’s 50-day moving average is $56.68 and its two-hundred day moving average is $55.88. iShares California Muni Bond ETF has a fifty-two week low of $53.61 and a fifty-two week high of $58.14.

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.