iShares California Muni Bond ETF (NYSEARCA:CMF) Shares Sold by Mission Wealth Management LP

Mission Wealth Management LP lessened its stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 17.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 113,640 shares of the company’s stock after selling 24,470 shares during the quarter. Mission Wealth Management LP owned about 0.29% of iShares California Muni Bond ETF worth $6,584,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Commonwealth Equity Services LLC grew its position in iShares California Muni Bond ETF by 0.5% in the third quarter. Commonwealth Equity Services LLC now owns 99,684 shares of the company’s stock worth $5,467,000 after buying an additional 462 shares during the last quarter. Sheets Smith Wealth Management acquired a new position in iShares California Muni Bond ETF in the third quarter worth approximately $55,000. Financial Management Network Inc. grew its position in iShares California Muni Bond ETF by 1.4% in the third quarter. Financial Management Network Inc. now owns 13,791 shares of the company’s stock worth $751,000 after buying an additional 190 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in iShares California Muni Bond ETF by 1.3% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 165,680 shares of the company’s stock worth $9,086,000 after buying an additional 2,160 shares during the last quarter. Finally, Bailard Inc. grew its position in iShares California Muni Bond ETF by 7.1% in the third quarter. Bailard Inc. now owns 825,059 shares of the company’s stock worth $45,246,000 after buying an additional 54,511 shares during the last quarter.

iShares California Muni Bond ETF Trading Down 0.1 %

NYSEARCA CMF traded down $0.06 on Tuesday, hitting $56.75. 224,629 shares of the stock were exchanged, compared to its average volume of 214,273. The company’s 50-day moving average price is $57.36 and its two-hundred day moving average price is $56.94. iShares California Muni Bond ETF has a 52-week low of $53.92 and a 52-week high of $58.09.

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.