Sagespring Wealth Partners LLC Invests $845,000 in iShares California Muni Bond ETF $CMF

Sagespring Wealth Partners LLC bought a new position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 14,698 shares of the company’s stock, valued at approximately $845,000.

A number of other large investors have also added to or reduced their stakes in CMF. Jane Street Group LLC lifted its holdings in iShares California Muni Bond ETF by 73.7% during the 2nd quarter. Jane Street Group LLC now owns 1,792,639 shares of the company’s stock valued at $99,922,000 after purchasing an additional 760,870 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of iShares California Muni Bond ETF by 40.0% in the third quarter. Bank of America Corp DE now owns 1,640,770 shares of the company’s stock valued at $93,589,000 after purchasing an additional 468,664 shares during the last quarter. Rinkey Investments raised its position in shares of iShares California Muni Bond ETF by 177.0% in the second quarter. Rinkey Investments now owns 244,258 shares of the company’s stock valued at $13,615,000 after purchasing an additional 156,087 shares during the period. Wedmont Private Capital bought a new position in shares of iShares California Muni Bond ETF in the third quarter valued at about $8,170,000. Finally, Captrust Financial Advisors lifted its stake in shares of iShares California Muni Bond ETF by 66.7% during the 2nd quarter. Captrust Financial Advisors now owns 342,904 shares of the company’s stock worth $19,113,000 after buying an additional 137,264 shares during the last quarter.

iShares California Muni Bond ETF Stock Performance

NYSEARCA CMF opened at $56.81 on Monday. The firm has a 50-day moving average of $57.84 and a 200-day moving average of $57.49. iShares California Muni Bond ETF has a 52-week low of $53.61 and a 52-week high of $58.44.

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. 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.