iShares California Muni Bond ETF (NYSEARCA:CMF) Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lessened its stake in iShares California Muni Bond ETF (NYSEARCA:CMF) by 59.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,016 shares of the company’s stock after selling 25,439 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in iShares California Muni Bond ETF were worth $986,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. FMR LLC boosted its holdings in shares of iShares California Muni Bond ETF by 319.8% in the 3rd quarter. FMR LLC now owns 2,043,606 shares of the company’s stock valued at $112,071,000 after purchasing an additional 1,556,751 shares during the last quarter. Bailard Inc. raised its stake 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 valued at $45,246,000 after acquiring an additional 54,511 shares during the period. UBS Group AG raised its stake 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 valued at $43,520,000 after acquiring an additional 504,327 shares during the period. Mariner LLC raised its stake 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 valued at $40,185,000 after acquiring an additional 31,969 shares during the period. Finally, TIAA Trust National Association purchased a new position in shares of iShares California Muni Bond ETF in the 3rd quarter valued at $38,021,000.

iShares California Muni Bond ETF Price Performance

Shares of CMF stock opened at $56.92 on Wednesday. The company’s fifty day simple moving average is $57.43 and its 200-day simple moving average is $56.88. iShares California Muni Bond ETF has a 52 week low of $53.92 and a 52 week high of $58.09.

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.