iShares California Muni Bond ETF $CMF Shares Sold by Assetmark Inc.

Assetmark Inc. lessened its holdings in iShares California Muni Bond ETF (NYSEARCA:CMF) by 6.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 362,301 shares of the company’s stock after selling 25,049 shares during the period. Assetmark Inc. owned 0.59% of iShares California Muni Bond ETF worth $20,666,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of CMF. WFA of San Diego LLC acquired a new position in shares of iShares California Muni Bond ETF during the 2nd quarter worth approximately $26,000. Blue Trust Inc. purchased a new position in iShares California Muni Bond ETF during the third quarter worth $40,000. Root Financial Partners LLC acquired a new position in shares of iShares California Muni Bond ETF in the third quarter worth $44,000. CX Institutional acquired a new position in shares of iShares California Muni Bond ETF in the third quarter worth $63,000. Finally, Golden State Equity Partners purchased a new stake in shares of iShares California Muni Bond ETF in the third quarter valued at $202,000.

iShares California Muni Bond ETF Stock Up 0.1%

CMF opened at $58.16 on Friday. The business’s fifty day simple moving average is $57.65 and its 200 day simple moving average is $57.11. iShares California Muni Bond ETF has a 52 week low of $53.61 and a 52 week high of $58.22.

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.