iShares California Muni Bond ETF $CMF Shares Sold by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. reduced its position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 12.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,218 shares of the company’s stock after selling 920 shares during the period. Goldman Sachs Group Inc.’s holdings in iShares California Muni Bond ETF were worth $350,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of CMF. Halbert Hargrove Global Advisors LLC purchased a new position in iShares California Muni Bond ETF in the first quarter valued at about $31,000. Olde Wealth Management LLC acquired a new position in iShares California Muni Bond ETF in the first quarter valued at about $58,000. AlphaCore Capital LLC bought a new position in shares of iShares California Muni Bond ETF in the first quarter worth about $66,000. Abound Financial LLC acquired a new position in iShares California Muni Bond ETF in the first quarter valued at approximately $124,000. Finally, Columbia River Financial Group LLC bought a new stake in iShares California Muni Bond ETF in the first quarter valued at approximately $141,000.

iShares California Muni Bond ETF Price Performance

Shares of CMF stock opened at $56.86 on Friday. iShares California Muni Bond ETF has a 12 month low of $53.61 and a 12 month high of $58.18. The company’s fifty day simple moving average is $56.02 and its 200-day simple moving average is $55.76.

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.