Ehrlich Financial Group reduced its position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF – Free Report) by 20.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 68,904 shares of the company’s stock after selling 17,897 shares during the quarter. iShares California Muni Bond ETF accounts for approximately 2.3% of Ehrlich Financial Group’s holdings, making the stock its 10th biggest position. Ehrlich Financial Group owned about 0.10% of iShares California Muni Bond ETF worth $3,959,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC lifted its stake in shares of iShares California Muni Bond ETF by 4.3% in the 4th quarter. GAMMA Investing LLC now owns 5,150 shares of the company’s stock worth $296,000 after purchasing an additional 211 shares during the period. Rosenberg Matthew Hamilton bought a new stake in iShares California Muni Bond ETF during the fourth quarter valued at approximately $30,000. Boltwood Capital Management grew its position in iShares California Muni Bond ETF by 7.4% during the fourth quarter. Boltwood Capital Management now owns 11,705 shares of the company’s stock valued at $673,000 after buying an additional 805 shares during the period. JPMorgan Chase & Co. increased its holdings in iShares California Muni Bond ETF by 5.3% during the third quarter. JPMorgan Chase & Co. now owns 546,691 shares of the company’s stock valued at $31,183,000 after buying an additional 27,474 shares during the last quarter. Finally, Painted Porch Advisors LLC purchased a new stake in iShares California Muni Bond ETF during the third quarter valued at approximately $85,000.
iShares California Muni Bond ETF Trading Down 0.2%
CMF opened at $57.30 on Friday. The firm’s 50 day simple moving average is $57.86 and its two-hundred day simple moving average is $57.46. iShares California Muni Bond ETF has a 1-year low of $53.61 and a 1-year 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.
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