Axxcess Wealth Management LLC Acquires New Holdings in iShares California Muni Bond ETF $CMF

Axxcess Wealth Management LLC bought a new position in iShares California Muni Bond ETF (NYSEARCA:CMF) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 195,887 shares of the company’s stock, valued at approximately $11,256,000.

Other hedge funds also recently made changes to their positions in the company. EP Wealth Advisors LLC acquired a new stake in iShares California Muni Bond ETF in the 4th quarter valued at approximately $67,285,000. Wealthfront Advisers LLC raised its stake in shares of iShares California Muni Bond ETF by 29.1% during the fourth quarter. Wealthfront Advisers LLC now owns 5,109,731 shares of the company’s stock valued at $293,605,000 after purchasing an additional 1,151,376 shares in the last quarter. Jane Street Group LLC lifted its holdings in iShares California Muni Bond ETF by 73.7% in the second quarter. Jane Street Group LLC now owns 1,792,639 shares of the company’s stock worth $99,922,000 after purchasing an additional 760,870 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in iShares California Muni Bond ETF by 9.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,440,029 shares of the company’s stock worth $484,964,000 after purchasing an additional 703,735 shares during the period. Finally, Bank of America Corp DE grew its position in iShares California Muni Bond ETF by 40.0% in the 3rd quarter. Bank of America Corp DE now owns 1,640,770 shares of the company’s stock valued at $93,589,000 after buying an additional 468,664 shares in the last quarter.

iShares California Muni Bond ETF Price Performance

iShares California Muni Bond ETF stock opened at $57.50 on Friday. iShares California Muni Bond ETF has a 52 week low of $55.13 and a 52 week high of $58.44. The company’s 50-day moving average price is $57.23 and its two-hundred day moving average price is $57.45.

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. The Index is a subset of the S&P National AMT-Free Municipal Bond Index and is consists of municipal bonds issued in the State of California.