iShares California Muni Bond ETF $CMF Stock Holdings Trimmed by Wealthfront Advisers LLC

Wealthfront Advisers LLC decreased its holdings in iShares California Muni Bond ETF (NYSEARCA:CMF) by 54.2% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,958,355 shares of the company’s stock after selling 4,689,842 shares during the quarter. iShares California Muni Bond ETF accounts for approximately 0.5% of Wealthfront Advisers LLC’s holdings, making the stock its 28th largest position. Wealthfront Advisers LLC owned approximately 0.06% of iShares California Muni Bond ETF worth $225,785,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its holdings in iShares California Muni Bond ETF by 12.2% in the third quarter. Envestnet Asset Management Inc. now owns 583,104 shares of the company’s stock worth $33,260,000 after purchasing an additional 63,590 shares during the period. Ashton Thomas Private Wealth LLC raised its position in shares of iShares California Muni Bond ETF by 167.8% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 37,217 shares of the company’s stock worth $2,123,000 after buying an additional 23,321 shares in the last quarter. Greykasell Wealth Strategies Inc. raised its position in shares of iShares California Muni Bond ETF by 4.2% during the 3rd quarter. Greykasell Wealth Strategies Inc. now owns 15,232 shares of the company’s stock worth $869,000 after buying an additional 611 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in shares of iShares California Muni Bond ETF by 37.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 87,765 shares of the company’s stock worth $4,991,000 after acquiring an additional 23,683 shares during the period. Finally, Meridian Wealth Management LLC boosted its holdings in shares of iShares California Muni Bond ETF by 13.0% in the third quarter. Meridian Wealth Management LLC now owns 7,820 shares of the company’s stock valued at $446,000 after acquiring an additional 900 shares in the last quarter.

iShares California Muni Bond ETF Trading Up 0.1%

NYSEARCA CMF opened at $57.96 on Tuesday. iShares California Muni Bond ETF has a 12 month low of $53.61 and a 12 month high of $57.98. The company’s 50 day simple moving average is $57.60 and its 200 day simple moving average is $57.04.

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. 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.