Stratos Wealth Partners LTD. Trims Stock Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

Stratos Wealth Partners LTD. cut its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 98.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,748 shares of the company’s stock after selling 402,307 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in iShares California Muni Bond ETF were worth $275,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. FMR LLC lifted its position in iShares California Muni Bond ETF by 319.8% during the third quarter. FMR LLC now owns 2,043,606 shares of the company’s stock worth $112,071,000 after buying an additional 1,556,751 shares during the period. Jane Street Group LLC raised its holdings in shares of iShares California Muni Bond ETF by 523.0% in the 1st quarter. Jane Street Group LLC now owns 1,752,031 shares of the company’s stock worth $101,933,000 after purchasing an additional 1,470,818 shares during the period. Bailard Inc. raised its holdings in shares of iShares California Muni Bond ETF by 7.1% in the 3rd quarter. Bailard Inc. now owns 825,059 shares of the company’s stock worth $45,246,000 after purchasing an additional 54,511 shares during the period. UBS Group AG raised its holdings in shares of iShares California Muni Bond ETF by 174.4% in the 3rd quarter. UBS Group AG now owns 793,580 shares of the company’s stock worth $43,520,000 after purchasing an additional 504,327 shares during the period. Finally, Mariner LLC raised its holdings in shares of iShares California Muni Bond ETF by 4.6% in the 3rd quarter. Mariner LLC now owns 732,767 shares of the company’s stock worth $40,185,000 after purchasing an additional 31,969 shares during the period.

iShares California Muni Bond ETF Stock Performance

iShares California Muni Bond ETF stock opened at $56.83 on Tuesday. The stock’s 50-day moving average is $57.51 and its 200-day moving average is $56.77. iShares California Muni Bond ETF has a 12 month low of $53.92 and a 12 month high of $58.09.

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.