iShares California Muni Bond ETF $CMF Shares Sold by McNaughton Wealth Management LLC

McNaughton Wealth Management LLC reduced its stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 16.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,472 shares of the company’s stock after selling 5,094 shares during the period. McNaughton Wealth Management LLC’s holdings in iShares California Muni Bond ETF were worth $1,420,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Wealthfront Advisers LLC lifted its stake in shares of iShares California Muni Bond ETF by 31.1% during the first quarter. Wealthfront Advisers LLC now owns 8,951,879 shares of the company’s stock worth $503,812,000 after buying an additional 2,124,579 shares during the period. Bailard Inc. lifted its stake in shares of iShares California Muni Bond ETF by 8.4% during the first quarter. Bailard Inc. now owns 1,152,134 shares of the company’s stock worth $64,842,000 after buying an additional 89,072 shares during the period. Jane Street Group LLC acquired a new stake in shares of iShares California Muni Bond ETF during the first quarter worth $58,068,000. Raub Brock Capital Management LP lifted its stake in shares of iShares California Muni Bond ETF by 0.3% during the first quarter. Raub Brock Capital Management LP now owns 412,617 shares of the company’s stock worth $23,222,000 after buying an additional 1,217 shares during the period. Finally, Opes Wealth Management LLC raised its holdings in shares of iShares California Muni Bond ETF by 5.4% during the first quarter. Opes Wealth Management LLC now owns 363,362 shares of the company’s stock worth $20,450,000 after purchasing an additional 18,641 shares during the last quarter.

iShares California Muni Bond ETF Price Performance

Shares of iShares California Muni Bond ETF stock opened at $57.01 on Friday. The firm has a fifty day moving average price of $56.19 and a 200 day moving average price of $55.78. iShares California Muni Bond ETF has a 1 year low of $53.61 and a 1 year high of $58.14.

About iShares California Muni Bond ETF

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.