Bailard Inc. Grows Stake in iShares California Muni Bond ETF $CMF

Bailard Inc. increased its holdings in iShares California Muni Bond ETF (NYSEARCA:CMF) by 6.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,434,753 shares of the company’s stock after purchasing an additional 89,922 shares during the period. iShares California Muni Bond ETF makes up 1.8% of Bailard Inc.’s investment portfolio, making the stock its 10th biggest holding. Bailard Inc. owned 2.37% of iShares California Muni Bond ETF worth $81,838,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Jane Street Group LLC boosted its stake in shares of 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 worth $99,922,000 after acquiring an additional 760,870 shares in the last quarter. Facet Wealth Inc. raised its stake in shares of iShares California Muni Bond ETF by 24.0% in the 2nd quarter. Facet Wealth Inc. now owns 1,278,713 shares of the company’s stock valued at $70,892,000 after acquiring an additional 247,805 shares in the last quarter. TIAA Trust National Association lifted its holdings in iShares California Muni Bond ETF by 31.5% in the 2nd quarter. TIAA Trust National Association now owns 732,028 shares of the company’s stock worth $40,803,000 after purchasing an additional 175,539 shares during the last quarter. Atlas Legacy Advisors LLC boosted its position in iShares California Muni Bond ETF by 449.7% during the second quarter. Atlas Legacy Advisors LLC now owns 203,783 shares of the company’s stock worth $11,359,000 after purchasing an additional 166,711 shares during the period. Finally, Rinkey Investments boosted its position in iShares California Muni Bond ETF by 177.0% during the second quarter. Rinkey Investments now owns 244,258 shares of the company’s stock worth $13,615,000 after purchasing an additional 156,087 shares during the period.

iShares California Muni Bond ETF Price Performance

NYSEARCA:CMF opened at $57.60 on Wednesday. The company’s 50 day moving average is $57.51 and its 200-day moving average is $56.80. iShares California Muni Bond ETF has a 12 month low of $53.61 and a 12 month high of $57.93.

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.