Fifth Third Bancorp Acquires New Position in iShares California Muni Bond ETF $CMF

Fifth Third Bancorp bought a new stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 70,004 shares of the company’s stock, valued at approximately $3,980,000. Fifth Third Bancorp owned approximately 0.09% of iShares California Muni Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its holdings in shares of iShares California Muni Bond ETF by 9.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,440,029 shares of the company’s stock valued at $484,964,000 after purchasing an additional 703,735 shares during the last quarter. Wealthfront Advisers LLC lifted its holdings in shares of iShares California Muni Bond ETF by 29.1% in the 4th quarter. Wealthfront Advisers LLC now owns 5,109,731 shares of the company’s stock worth $293,605,000 after acquiring an additional 1,151,376 shares during the last quarter. Jane Street Group LLC grew its stake in shares of iShares California Muni Bond ETF by 73.7% during the second quarter. Jane Street Group LLC now owns 1,792,639 shares of the company’s stock valued at $99,922,000 after buying an additional 760,870 shares during the last quarter. Morgan Stanley lifted its position in shares of iShares California Muni Bond ETF by 1.2% during the fourth quarter. Morgan Stanley now owns 1,790,589 shares of the company’s stock worth $102,887,000 after purchasing an additional 20,936 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in iShares California Muni Bond ETF by 40.0% in the 3rd quarter. Bank of America Corp DE now owns 1,640,770 shares of the company’s stock valued at $93,589,000 after buying an additional 468,664 shares during the period.

iShares California Muni Bond ETF Stock Down 0.0%

Shares of NYSEARCA CMF opened at $57.11 on Friday. The business has a fifty day simple moving average of $57.27 and a two-hundred day simple moving average of $57.46. iShares California Muni Bond ETF has a twelve month low of $55.13 and a twelve month high of $58.44.

iShares California Muni Bond ETF 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.