United Capital Financial Advisors LLC Has $4.92 Million Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

United Capital Financial Advisors LLC decreased its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 2.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 85,920 shares of the company’s stock after selling 2,140 shares during the quarter. United Capital Financial Advisors LLC’s holdings in iShares California Muni Bond ETF were worth $4,921,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Facet Wealth Inc. lifted its stake in shares of iShares California Muni Bond ETF by 15.8% during the 4th quarter. Facet Wealth Inc. now owns 1,148,937 shares of the company’s stock worth $65,409,000 after buying an additional 156,961 shares during the last quarter. Bailard Inc. raised its holdings in iShares California Muni Bond ETF by 25.1% in the 4th quarter. Bailard Inc. now owns 1,063,062 shares of the company’s stock valued at $60,892,000 after acquiring an additional 213,617 shares during the period. Mariner LLC lifted its position in iShares California Muni Bond ETF by 10.4% during the fourth quarter. Mariner LLC now owns 881,431 shares of the company’s stock worth $50,488,000 after acquiring an additional 82,766 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of iShares California Muni Bond ETF by 11.5% during the fourth quarter. LPL Financial LLC now owns 825,517 shares of the company’s stock worth $47,286,000 after acquiring an additional 84,863 shares during the period. Finally, First Foundation Advisors grew its position in shares of iShares California Muni Bond ETF by 3.1% in the fourth quarter. First Foundation Advisors now owns 561,740 shares of the company’s stock valued at $32,176,000 after purchasing an additional 16,717 shares during the last quarter.

iShares California Muni Bond ETF Price Performance

NYSEARCA:CMF opened at $55.29 on Thursday. The stock has a 50 day simple moving average of $56.40 and a 200 day simple moving average of $57.01. iShares California Muni Bond ETF has a 1-year low of $53.61 and a 1-year high of $58.18.

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.