Envestnet Asset Management Inc. Has $28.96 Million Stake in iShares California Muni Bond ETF $CMF

Envestnet Asset Management Inc. raised its position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 10.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 519,514 shares of the company’s stock after acquiring an additional 50,276 shares during the period. Envestnet Asset Management Inc. owned approximately 0.83% of iShares California Muni Bond ETF worth $28,958,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of CMF. Olde Wealth Management LLC bought a new stake in iShares California Muni Bond ETF during the first quarter valued at about $58,000. Crossmark Global Holdings Inc. bought a new stake in shares of iShares California Muni Bond ETF in the first quarter valued at about $240,000. Abound Financial LLC bought a new stake in shares of iShares California Muni Bond ETF in the first quarter valued at about $124,000. Davidson Investment Advisors lifted its stake in shares of iShares California Muni Bond ETF by 28.8% in the first quarter. Davidson Investment Advisors now owns 15,028 shares of the company’s stock valued at $846,000 after buying an additional 3,359 shares during the period. Finally, Navalign LLC lifted its stake in shares of iShares California Muni Bond ETF by 30.7% in the first quarter. Navalign LLC now owns 197,613 shares of the company’s stock valued at $11,122,000 after buying an additional 46,457 shares during the period.

iShares California Muni Bond ETF Trading Up 0.1%

NYSEARCA CMF opened at $57.54 on Monday. The firm has a 50-day simple moving average of $56.90 and a 200 day simple moving average of $56.01. iShares California Muni Bond ETF has a twelve month low of $53.61 and a twelve month high of $58.14.

About iShares California Muni Bond ETF

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.