Citizens Financial Group Inc. RI Invests $206,000 in iShares California Muni Bond ETF (NYSEARCA:CMF)

Citizens Financial Group Inc. RI bought a new stake in iShares California Muni Bond ETF (NYSEARCA:CMF) in the fourth quarter, Holdings Channel.com reports. The firm bought 3,603 shares of the company’s stock, valued at approximately $206,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Asset Planning Inc acquired a new position in iShares California Muni Bond ETF during the fourth quarter worth $40,000. Larson Financial Group LLC raised its holdings 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 acquiring an additional 750 shares during the period. Angeles Wealth Management LLC raised its holdings 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 acquiring an additional 1,219 shares during the period. Bradley & Co. Private Wealth Management LLC purchased a new stake in shares of iShares California Muni Bond ETF in the fourth quarter valued at about $184,000. Finally, Sherman Asset Management Inc. purchased a new stake in shares of iShares California Muni Bond ETF in the fourth quarter valued at about $204,000.

iShares California Muni Bond ETF Stock Down 0.1 %

Shares of CMF stock opened at $56.55 on Friday. The firm’s 50-day moving average is $56.92 and its two-hundred day moving average is $57.36. iShares California Muni Bond ETF has a 12 month low of $56.32 and a 12 month 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.