Empirical Financial Services LLC d.b.a. Empirical Wealth Management Has $1.35 Million Stock Position in iShares California Muni Bond ETF $CMF

Empirical Financial Services LLC d.b.a. Empirical Wealth Management decreased its stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 28.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,295 shares of the company’s stock after selling 9,691 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in iShares California Muni Bond ETF were worth $1,354,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in CMF. Halbert Hargrove Global Advisors LLC acquired a new position in iShares California Muni Bond ETF during the 1st quarter worth about $31,000. Olde Wealth Management LLC bought a new stake in iShares California Muni Bond ETF during the 1st quarter worth about $58,000. AlphaCore Capital LLC bought a new stake in iShares California Muni Bond ETF during the 1st quarter worth about $66,000. Abound Financial LLC bought a new stake in iShares California Muni Bond ETF during the 1st quarter worth about $124,000. Finally, Columbia River Financial Group LLC bought a new stake in iShares California Muni Bond ETF during the 1st quarter worth about $141,000.

iShares California Muni Bond ETF Price Performance

Shares of NYSEARCA:CMF opened at $57.01 on Friday. iShares California Muni Bond ETF has a 1-year low of $53.61 and a 1-year high of $58.14. The business has a 50-day moving average price of $56.19 and a two-hundred day moving average price of $55.77.

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.