495 Shares in iShares California Muni Bond ETF (NYSEARCA:CMF) Acquired by Ballast Advisors LLC

Ballast Advisors LLC acquired a new position in iShares California Muni Bond ETF (NYSEARCA:CMF) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 495 shares of the company’s stock, valued at approximately $29,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Charles Schwab Investment Advisory Inc. raised its stake in iShares California Muni Bond ETF by 5.5% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 9,582,583 shares of the company’s stock valued at $551,382,000 after purchasing an additional 498,699 shares during the period. EP Wealth Advisors LLC boosted its stake in shares of iShares California Muni Bond ETF by 0.9% during the 2nd quarter. EP Wealth Advisors LLC now owns 1,273,710 shares of the company’s stock worth $72,449,000 after purchasing an additional 11,062 shares during the period. Bailard Inc. grew its holdings in iShares California Muni Bond ETF by 19.3% during the 3rd quarter. Bailard Inc. now owns 849,445 shares of the company’s stock valued at $49,361,000 after purchasing an additional 137,348 shares during the last quarter. TIAA Trust National Association raised its position in iShares California Muni Bond ETF by 0.9% in the 2nd quarter. TIAA Trust National Association now owns 647,570 shares of the company’s stock worth $36,834,000 after purchasing an additional 5,990 shares during the period. Finally, First Foundation Advisors raised its holdings in shares of iShares California Muni Bond ETF by 1.0% in the second quarter. First Foundation Advisors now owns 561,734 shares of the company’s stock worth $31,951,000 after buying an additional 5,310 shares during the period.

iShares California Muni Bond ETF Stock Performance

CMF stock traded down $0.71 during midday trading on Wednesday, reaching $56.68. The company’s stock had a trading volume of 7,553 shares, compared to its average volume of 241,044. The stock has a fifty day simple moving average of $57.69 and a two-hundred day simple moving average of $57.33. iShares California Muni Bond ETF has a 1 year low of $55.06 and a 1 year high of $58.18.

iShares California Muni Bond ETF 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.