iShares California Muni Bond ETF (NYSEARCA:CMF) Stake Lifted by Allworth Financial LP

Allworth Financial LP increased its stake in iShares California Muni Bond ETF (NYSEARCA:CMF) by 248.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,273 shares of the company’s stock after acquiring an additional 13,748 shares during the period. Allworth Financial LP’s holdings in iShares California Muni Bond ETF were worth $1,096,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. boosted its holdings in shares of iShares California Muni Bond ETF by 15.0% in the third quarter. JPMorgan Chase & Co. now owns 411,303 shares of the company’s stock valued at $23,901,000 after acquiring an additional 53,700 shares in the last quarter. Stifel Financial Corp boosted its holdings in iShares California Muni Bond ETF by 27.2% during the third quarter. Stifel Financial Corp now owns 17,202 shares of the company’s stock worth $1,000,000 after buying an additional 3,681 shares in the last quarter. Hennion & Walsh Asset Management Inc. bought a new stake in iShares California Muni Bond ETF during the fourth quarter worth approximately $256,000. Wealth Enhancement Advisory Services LLC boosted its holdings in iShares California Muni Bond ETF by 54.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 21,040 shares of the company’s stock worth $1,223,000 after buying an additional 7,381 shares in the last quarter. Finally, Larson Financial Group LLC boosted its holdings in iShares California Muni Bond ETF by 100.0% during the third quarter. Larson Financial Group LLC now owns 1,500 shares of the company’s stock worth $87,000 after buying an additional 750 shares in the last quarter.

iShares California Muni Bond ETF Stock Performance

Shares of NYSEARCA:CMF opened at $56.88 on Thursday. iShares California Muni Bond ETF has a 1-year low of $56.32 and a 1-year high of $58.18. The company has a 50 day moving average price of $57.00 and a 200 day moving average price of $57.44.

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.