Raub Brock Capital Management LP Sells 10,020 Shares of iShares California Muni Bond ETF (NYSEARCA:CMF)

Raub Brock Capital Management LP decreased its holdings in iShares California Muni Bond ETF (NYSEARCA:CMF) by 2.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 408,745 shares of the company’s stock after selling 10,020 shares during the period. iShares California Muni Bond ETF comprises approximately 5.0% of Raub Brock Capital Management LP’s portfolio, making the stock its 2nd largest position. Raub Brock Capital Management LP owned 0.84% of iShares California Muni Bond ETF worth $23,519,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Charles Schwab Investment Advisory Inc. lifted its stake in iShares California Muni Bond ETF by 22.7% in the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 9,083,884 shares of the company’s stock worth $526,320,000 after acquiring an additional 1,677,661 shares during the last quarter. EP Wealth Advisors LLC grew its stake in shares of iShares California Muni Bond ETF by 191.2% during the fourth quarter. EP Wealth Advisors LLC now owns 1,266,277 shares of the company’s stock worth $73,368,000 after purchasing an additional 831,444 shares in the last quarter. UBS Group AG increased its holdings in iShares California Muni Bond ETF by 12.6% in the fourth quarter. UBS Group AG now owns 893,926 shares of the company’s stock valued at $51,794,000 after buying an additional 100,346 shares during the last quarter. Wells Fargo & Company MN increased its holdings in iShares California Muni Bond ETF by 16.7% in the fourth quarter. Wells Fargo & Company MN now owns 605,000 shares of the company’s stock valued at $35,054,000 after buying an additional 86,364 shares during the last quarter. Finally, First Foundation Advisors raised its stake in iShares California Muni Bond ETF by 5.1% in the third quarter. First Foundation Advisors now owns 352,063 shares of the company’s stock valued at $19,307,000 after buying an additional 17,000 shares in the last quarter.

iShares California Muni Bond ETF Trading Up 0.3 %

Shares of iShares California Muni Bond ETF stock traded up $0.18 during trading hours on Tuesday, hitting $56.83. The company had a trading volume of 15,091 shares, compared to its average volume of 205,132. The company’s 50-day moving average is $56.90 and its two-hundred day moving average is $57.34. iShares California Muni Bond ETF has a twelve month low of $53.92 and a twelve month 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.