iShares California Muni Bond ETF $CMF Shares Purchased by Betterment LLC

Betterment LLC raised its stake in iShares California Muni Bond ETF (NYSEARCA:CMF) by 8.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 217,395 shares of the company’s stock after purchasing an additional 16,409 shares during the period. Betterment LLC owned about 0.35% of iShares California Muni Bond ETF worth $12,400,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Sei Investments Co. raised its holdings in shares of iShares California Muni Bond ETF by 7.2% in the 3rd quarter. Sei Investments Co. now owns 294,134 shares of the company’s stock valued at $16,777,000 after purchasing an additional 19,758 shares in the last quarter. Navalign LLC boosted its position in shares of iShares California Muni Bond ETF by 6.2% during the 3rd quarter. Navalign LLC now owns 185,762 shares of the company’s stock worth $10,596,000 after acquiring an additional 10,877 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management lifted its stake in iShares California Muni Bond ETF by 120.1% during the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 49,942 shares of the company’s stock worth $2,849,000 after purchasing an additional 27,251 shares during the last quarter. PFG Advisors acquired a new position in iShares California Muni Bond ETF in the third quarter valued at approximately $244,000. Finally, Perennial Investment Advisors LLC increased its stake in iShares California Muni Bond ETF by 128.5% in the third quarter. Perennial Investment Advisors LLC now owns 16,982 shares of the company’s stock valued at $969,000 after purchasing an additional 9,549 shares during the last quarter.

iShares California Muni Bond ETF Stock Down 0.4%

NYSEARCA CMF opened at $57.24 on Friday. The firm’s fifty day moving average price is $57.88 and its 200 day moving average price is $57.41. iShares California Muni Bond ETF has a 12 month low of $53.61 and a 12 month high of $58.44.

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.