iShares California Muni Bond ETF (NYSEARCA:CMF) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its holdings in iShares California Muni Bond ETF (NYSEARCA:CMF) by 3.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 469,238 shares of the company’s stock after selling 15,298 shares during the quarter. Envestnet Asset Management Inc. owned about 0.76% of iShares California Muni Bond ETF worth $26,409,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Stifel Financial Corp boosted its holdings in shares of iShares California Muni Bond ETF by 48.6% in the fourth quarter. Stifel Financial Corp now owns 25,559 shares of the company’s stock valued at $1,464,000 after acquiring an additional 8,357 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of iShares California Muni Bond ETF by 21.3% in the first quarter. GAMMA Investing LLC now owns 8,361 shares of the company’s stock valued at $471,000 after acquiring an additional 1,468 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of iShares California Muni Bond ETF by 39.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 19,036 shares of the company’s stock valued at $1,090,000 after acquiring an additional 5,377 shares in the last quarter. Millennium Management LLC purchased a new stake in shares of iShares California Muni Bond ETF in the fourth quarter valued at about $588,000. Finally, HighTower Advisors LLC boosted its holdings in shares of iShares California Muni Bond ETF by 28.5% in the fourth quarter. HighTower Advisors LLC now owns 42,746 shares of the company’s stock valued at $2,448,000 after acquiring an additional 9,470 shares in the last quarter.

iShares California Muni Bond ETF Price Performance

CMF stock opened at $55.51 on Tuesday. iShares California Muni Bond ETF has a 52 week low of $53.61 and a 52 week high of $58.18. The company’s 50-day moving average price is $55.56 and its 200 day moving average price is $56.13.

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.