Sovran Advisors LLC Buys Shares of 7,110 iShares California Muni Bond ETF (NYSEARCA:CMF)

Sovran Advisors LLC bought a new stake in iShares California Muni Bond ETF (NYSEARCA:CMF) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,110 shares of the company’s stock, valued at approximately $401,000.

Several other institutional investors and hedge funds have also made changes to their positions in CMF. Ballast Advisors LLC acquired a new position in iShares California Muni Bond ETF during the third quarter worth about $29,000. CWM LLC acquired a new position in shares of iShares California Muni Bond ETF during the 3rd quarter worth approximately $73,000. Larson Financial Group LLC raised 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 purchasing an additional 750 shares during the last quarter. Angeles Wealth Management LLC lifted its stake in iShares California Muni Bond ETF by 209.1% in the 4th quarter. Angeles Wealth Management LLC now owns 1,802 shares of the company’s stock valued at $103,000 after buying an additional 1,219 shares in the last quarter. Finally, PFG Investments LLC acquired a new stake in iShares California Muni Bond ETF during the 3rd quarter valued at $202,000.

iShares California Muni Bond ETF Price Performance

NYSEARCA CMF opened at $56.66 on Thursday. iShares California Muni Bond ETF has a fifty-two week low of $56.32 and a fifty-two week high of $58.18. The business has a fifty day moving average of $57.13 and a 200-day moving average of $57.46.

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.