iShares California Muni Bond ETF $CMF Shares Bought by Navalign LLC

Navalign LLC boosted its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 6.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 185,762 shares of the company’s stock after purchasing an additional 10,877 shares during the quarter. iShares California Muni Bond ETF makes up 2.8% of Navalign LLC’s holdings, making the stock its 11th largest position. Navalign LLC’s holdings in iShares California Muni Bond ETF were worth $10,596,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of CMF. AQR Capital Management LLC raised its stake in shares of iShares California Muni Bond ETF by 35.8% during the 1st quarter. AQR Capital Management LLC now owns 8,556 shares of the company’s stock worth $482,000 after buying an additional 2,256 shares during the period. Bailard Inc. lifted its position in shares of iShares California Muni Bond ETF by 16.7% during the 2nd quarter. Bailard Inc. now owns 1,344,831 shares of the company’s stock valued at $74,961,000 after buying an additional 192,697 shares in the last quarter. Empower Advisory Group LLC grew its stake in iShares California Muni Bond ETF by 7.6% in the 2nd quarter. Empower Advisory Group LLC now owns 27,495 shares of the company’s stock valued at $1,533,000 after acquiring an additional 1,932 shares during the period. Meridian Wealth Management LLC grew its stake in iShares California Muni Bond ETF by 13.5% in the 2nd quarter. Meridian Wealth Management LLC now owns 6,920 shares of the company’s stock valued at $386,000 after acquiring an additional 825 shares during the period. Finally, Union Savings Bank increased its holdings in iShares California Muni Bond ETF by 6.3% in the 2nd quarter. Union Savings Bank now owns 6,411 shares of the company’s stock worth $355,000 after acquiring an additional 380 shares in the last quarter.

iShares California Muni Bond ETF Stock Performance

NYSEARCA:CMF opened at $57.73 on Monday. The company has a fifty day moving average of $57.88 and a two-hundred day moving average of $57.38. iShares California Muni Bond ETF has a fifty-two week low of $53.61 and a fifty-two week high of $58.44.

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.