Davidson Investment Advisors Buys 569 Shares of iShares California Muni Bond ETF (NYSEARCA:CMF)

Davidson Investment Advisors boosted its stake in iShares California Muni Bond ETF (NYSEARCA:CMF) by 5.1% in the fourth quarter, HoldingsChannel reports. The firm owned 11,669 shares of the company’s stock after buying an additional 569 shares during the period. Davidson Investment Advisors’ holdings in iShares California Muni Bond ETF were worth $668,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in CMF. Ballast Advisors LLC bought a new stake in shares of iShares California Muni Bond ETF in the 3rd quarter worth $29,000. Asset Planning Inc bought a new stake in iShares California Muni Bond ETF in the 4th quarter worth about $40,000. CWM LLC purchased a new stake in iShares California Muni Bond ETF in the 3rd quarter valued at about $73,000. Larson Financial Group LLC lifted its position in shares of iShares California Muni Bond ETF by 100.0% during the 3rd 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. Finally, Angeles Wealth Management LLC lifted its position in shares of iShares California Muni Bond ETF by 209.1% during the 4th quarter. Angeles Wealth Management LLC now owns 1,802 shares of the company’s stock worth $103,000 after buying an additional 1,219 shares in the last quarter.

iShares California Muni Bond ETF Price Performance

Shares of NYSEARCA:CMF opened at $56.89 on Tuesday. The company’s 50-day moving average is $57.05 and its 200 day moving average is $57.45. iShares California Muni Bond ETF has a fifty-two week low of $56.32 and a fifty-two week high of $58.18.

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.