Greykasell Wealth Strategies Inc. Makes New Investment in iShares California Muni Bond ETF (NYSEARCA:CMF)

Greykasell Wealth Strategies Inc. bought a new position in iShares California Muni Bond ETF (NYSEARCA:CMF) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 12,662 shares of the company’s stock, valued at approximately $725,000.

A number of other hedge funds have also added to or reduced their stakes in CMF. Asset Planning Inc bought a new stake in iShares California Muni Bond ETF in the fourth quarter worth approximately $40,000. Parkworth Wealth Management Inc. bought a new stake in iShares California Muni Bond ETF in the fourth quarter worth approximately $62,000. Larson Financial Group LLC increased its holdings in iShares California Muni Bond ETF by 100.0% in the third quarter. Larson Financial Group LLC now owns 1,500 shares of the company’s stock worth $87,000 after purchasing an additional 750 shares in the last quarter. Angeles Wealth Management LLC increased its holdings in iShares California Muni Bond ETF by 209.1% in the fourth quarter. Angeles Wealth Management LLC now owns 1,802 shares of the company’s stock worth $103,000 after purchasing an additional 1,219 shares in the last quarter. Finally, Bradley & Co. Private Wealth Management LLC bought a new stake in shares of iShares California Muni Bond ETF during the fourth quarter valued at approximately $184,000.

iShares California Muni Bond ETF Stock Performance

NYSEARCA CMF opened at $56.55 on Friday. iShares California Muni Bond ETF has a 52 week low of $56.32 and a 52 week high of $58.18. The business has a 50 day moving average price of $56.92 and a 200-day moving average price of $57.36.

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.