JPMorgan Chase & Co. Buys 27,474 Shares of iShares California Muni Bond ETF $CMF

JPMorgan Chase & Co. boosted its stake in iShares California Muni Bond ETF (NYSEARCA:CMF) by 5.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 546,691 shares of the company’s stock after purchasing an additional 27,474 shares during the quarter. JPMorgan Chase & Co. owned about 0.89% of iShares California Muni Bond ETF worth $31,183,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Jane Street Group LLC increased its stake in iShares California Muni Bond ETF by 73.7% in 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 during the last quarter. Bank of America Corp DE raised its stake in iShares California Muni Bond ETF by 40.0% during 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 in the last quarter. Bailard Inc. raised its stake in iShares California Muni Bond ETF by 6.7% during the third quarter. Bailard Inc. now owns 1,434,753 shares of the company’s stock valued at $81,838,000 after purchasing an additional 89,922 shares in the last quarter. Facet Wealth Inc. lifted its position in iShares California Muni Bond ETF by 8.9% during the third quarter. Facet Wealth Inc. now owns 1,392,789 shares of the company’s stock valued at $79,445,000 after purchasing an additional 114,076 shares during the last quarter. Finally, Mariner LLC lifted its position in iShares California Muni Bond ETF by 6.0% during the third quarter. Mariner LLC now owns 876,674 shares of the company’s stock valued at $50,000,000 after purchasing an additional 49,965 shares during the last quarter.

iShares California Muni Bond ETF Stock Performance

iShares California Muni Bond ETF stock opened at $56.81 on Monday. The company’s 50-day moving average price is $57.84 and its 200-day moving average price is $57.49. iShares California Muni Bond ETF has a twelve month low of $53.61 and a twelve 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.