Ameriprise Financial Inc. Sells 12,720 Shares of iShares California Muni Bond ETF (NYSEARCA:CMF)

Ameriprise Financial Inc. lessened its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 6.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 194,938 shares of the company’s stock after selling 12,720 shares during the quarter. Ameriprise Financial Inc. owned 0.40% of iShares California Muni Bond ETF worth $11,166,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Facet Wealth Inc. increased its stake in iShares California Muni Bond ETF by 15.8% in the 4th quarter. Facet Wealth Inc. now owns 1,148,937 shares of the company’s stock worth $65,409,000 after buying an additional 156,961 shares during the period. Bailard Inc. increased its stake in iShares California Muni Bond ETF by 25.1% in the 4th quarter. Bailard Inc. now owns 1,063,062 shares of the company’s stock worth $60,892,000 after buying an additional 213,617 shares during the period. Mariner LLC increased its stake in iShares California Muni Bond ETF by 10.4% in the 4th quarter. Mariner LLC now owns 881,431 shares of the company’s stock worth $50,488,000 after buying an additional 82,766 shares during the period. LPL Financial LLC increased its stake in iShares California Muni Bond ETF by 11.5% in the 4th quarter. LPL Financial LLC now owns 825,517 shares of the company’s stock worth $47,286,000 after buying an additional 84,863 shares during the period. Finally, First Foundation Advisors increased its stake in iShares California Muni Bond ETF by 3.1% in the 4th quarter. First Foundation Advisors now owns 561,740 shares of the company’s stock worth $32,176,000 after buying an additional 16,717 shares during the period.

iShares California Muni Bond ETF Stock Up 0.0%

CMF stock opened at $55.82 on Monday. The firm’s 50-day moving average is $55.74 and its 200 day moving average is $56.69. iShares California Muni Bond ETF has a 12 month low of $53.61 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.