Manhattan West Asset Management LLC Buys 13,112 Shares of iShares California Muni Bond ETF $CMF

Manhattan West Asset Management LLC grew its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 3.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 350,973 shares of the company’s stock after purchasing an additional 13,112 shares during the quarter. iShares California Muni Bond ETF makes up approximately 4.2% of Manhattan West Asset Management LLC’s portfolio, making the stock its 4th largest holding. Manhattan West Asset Management LLC’s holdings in iShares California Muni Bond ETF were worth $20,020,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of CMF. Jane Street Group LLC grew its stake in iShares California Muni Bond ETF by 73.7% in the 2nd quarter. Jane Street Group LLC now owns 1,792,639 shares of the company’s stock valued at $99,922,000 after buying an additional 760,870 shares during the last quarter. Bank of America Corp DE lifted its position in iShares California Muni Bond ETF by 40.0% during the 3rd quarter. Bank of America Corp DE now owns 1,640,770 shares of the company’s stock worth $93,589,000 after acquiring an additional 468,664 shares during the last quarter. Rinkey Investments lifted its position in iShares California Muni Bond ETF by 177.0% during the 2nd quarter. Rinkey Investments now owns 244,258 shares of the company’s stock worth $13,615,000 after acquiring an additional 156,087 shares during the last quarter. Wedmont Private Capital bought a new stake in iShares California Muni Bond ETF during the third quarter valued at about $8,170,000. Finally, Captrust Financial Advisors boosted its holdings in iShares California Muni Bond ETF by 66.7% during the second quarter. Captrust Financial Advisors now owns 342,904 shares of the company’s stock valued at $19,113,000 after acquiring an additional 137,264 shares during the period.

iShares California Muni Bond ETF Stock Up 0.0%

Shares of NYSEARCA:CMF opened at $57.51 on Wednesday. The stock’s 50-day moving average is $57.88 and its 200-day moving average is $57.46. iShares California Muni Bond ETF has a 52-week low of $53.61 and a 52-week high of $58.44.

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. 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.