iShares California Muni Bond ETF $CMF Shares Acquired by Facet Wealth Inc.

Facet Wealth Inc. lifted its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 8.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,392,789 shares of the company’s stock after buying an additional 114,076 shares during the quarter. iShares California Muni Bond ETF makes up 1.6% of Facet Wealth Inc.’s investment portfolio, making the stock its 16th largest holding. Facet Wealth Inc. owned approximately 2.28% of iShares California Muni Bond ETF worth $79,445,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. AQR Capital Management LLC increased its stake in iShares California Muni Bond ETF by 35.8% during the first quarter. AQR Capital Management LLC now owns 8,556 shares of the company’s stock worth $482,000 after purchasing an additional 2,256 shares during the period. Sowell Financial Services LLC acquired a new position in shares of iShares California Muni Bond ETF in the second quarter valued at approximately $214,000. Instrumental Wealth LLC increased its stake in iShares California Muni Bond ETF by 2.6% during the 2nd quarter. Instrumental Wealth LLC now owns 12,936 shares of the company’s stock worth $717,000 after buying an additional 330 shares during the period. Paragon Capital Management Ltd acquired a new stake in iShares California Muni Bond ETF during the 2nd quarter worth approximately $728,000. Finally, TRU Independence Asset Management 2 LLC boosted its position in iShares California Muni Bond ETF by 8.9% in the 2nd quarter. TRU Independence Asset Management 2 LLC now owns 12,857 shares of the company’s stock valued at $717,000 after buying an additional 1,050 shares during the period.

iShares California Muni Bond ETF Stock Performance

NYSEARCA:CMF opened at $57.74 on Friday. iShares California Muni Bond ETF has a 52 week low of $53.61 and a 52 week high of $57.93. The company has a fifty day simple moving average of $57.52 and a two-hundred day simple moving average of $56.82.

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. The Index is a subset of the S&P National AMT-Free Municipal Bond Index and is consists of municipal bonds issued in the State of California.