Envestnet Asset Management Inc. Has $33.26 Million Stake in iShares California Muni Bond ETF $CMF

Envestnet Asset Management Inc. grew its stake in iShares California Muni Bond ETF (NYSEARCA:CMF) by 12.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 583,104 shares of the company’s stock after buying an additional 63,590 shares during the period. Envestnet Asset Management Inc. owned approximately 0.95% of iShares California Muni Bond ETF worth $33,260,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. WFA of San Diego LLC acquired a new stake in iShares California Muni Bond ETF in the 2nd quarter worth approximately $26,000. Blue Trust Inc. bought a new position in shares of iShares California Muni Bond ETF in the third quarter valued at approximately $40,000. Root Financial Partners LLC acquired a new stake in shares of iShares California Muni Bond ETF in the third quarter worth $44,000. CX Institutional bought a new stake in shares of iShares California Muni Bond ETF during the 3rd quarter worth $63,000. Finally, Golden State Equity Partners bought a new stake in shares of iShares California Muni Bond ETF during the 3rd quarter worth $202,000.

iShares California Muni Bond ETF Trading Down 0.1%

Shares of CMF opened at $58.00 on Thursday. iShares California Muni Bond ETF has a one year low of $53.61 and a one year high of $58.08. The company’s fifty day moving average price is $57.62 and its 200 day moving average price is $57.07.

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.