Parallel Advisors LLC Lowers Holdings in iShares California Muni Bond ETF (NYSEARCA:CMF)

Parallel Advisors LLC trimmed its holdings in iShares California Muni Bond ETF (NYSEARCA:CMF) by 1.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 86,528 shares of the company’s stock after selling 1,627 shares during the period. Parallel Advisors LLC owned about 0.18% of iShares California Muni Bond ETF worth $4,956,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Wealthspire Advisors LLC lifted its position in shares of iShares California Muni Bond ETF by 4.6% in the fourth quarter. Wealthspire Advisors LLC now owns 23,561 shares of the company’s stock valued at $1,350,000 after acquiring an additional 1,044 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares California Muni Bond ETF by 15.0% in the third quarter. JPMorgan Chase & Co. now owns 411,303 shares of the company’s stock worth $23,901,000 after buying an additional 53,700 shares in the last quarter. Stifel Financial Corp lifted its position in shares of iShares California Muni Bond ETF by 27.2% in the third quarter. Stifel Financial Corp now owns 17,202 shares of the company’s stock worth $1,000,000 after buying an additional 3,681 shares in the last quarter. Hennion & Walsh Asset Management Inc. purchased a new stake in shares of iShares California Muni Bond ETF in the fourth quarter worth about $256,000. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of iShares California Muni Bond ETF by 54.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 21,040 shares of the company’s stock worth $1,223,000 after buying an additional 7,381 shares in the last quarter.

iShares California Muni Bond ETF Trading Up 0.1 %

NYSEARCA:CMF opened at $56.60 on Tuesday. iShares California Muni Bond ETF has a 12 month low of $56.32 and a 12 month high of $58.18. The business’s 50-day moving average is $56.91 and its 200 day moving average is $57.35.

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.