Navalign LLC Has $8.66 Million Stock Holdings in iShares California Muni Bond ETF (NYSEARCA:CMF)

Navalign LLC boosted its position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 14.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 151,156 shares of the company’s stock after purchasing an additional 18,881 shares during the quarter. iShares California Muni Bond ETF accounts for about 2.5% of Navalign LLC’s investment portfolio, making the stock its 11th biggest holding. Navalign LLC owned about 0.31% of iShares California Muni Bond ETF worth $8,658,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hennion & Walsh Asset Management Inc. acquired a new position in shares of iShares California Muni Bond ETF in the 4th quarter valued at approximately $256,000. HB Wealth Management LLC raised its stake in shares of iShares California Muni Bond ETF by 24.2% in the 4th quarter. HB Wealth Management LLC now owns 4,491 shares of the company’s stock valued at $257,000 after purchasing an additional 876 shares during the period. ERTS Wealth Advisors LLC bought a new stake in shares of iShares California Muni Bond ETF in the fourth quarter valued at about $262,000. Magnus Financial Group LLC acquired a new position in shares of iShares California Muni Bond ETF during the fourth quarter worth about $250,000. Finally, Westside Investment Management Inc. raised its position in iShares California Muni Bond ETF by 5.5% in the 4th quarter. Westside Investment Management Inc. now owns 43,084 shares of the company’s stock valued at $2,468,000 after buying an additional 2,264 shares during the last quarter.

iShares California Muni Bond ETF Stock Down 0.6%

Shares of CMF opened at $55.34 on Thursday. iShares California Muni Bond ETF has a twelve month low of $53.61 and a twelve month high of $58.18. The company has a 50 day moving average of $55.68 and a 200-day moving average of $56.66.

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.