iShares California Muni Bond ETF (CMF) Holdings Lifted by Karp Capital Management Corp

Karp Capital Management Corp grew its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 3.0% in the 1st quarter, Holdings Channel reports. The institutional investor owned 50,499 shares of the company’s stock after purchasing an additional 1,476 shares during the quarter. Karp Capital Management Corp’s holdings in iShares California Muni Bond ETF were worth $3,009,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Bank of America Corp DE raised its holdings in shares of iShares California Muni Bond ETF by 58.4% during the fourth quarter. Bank of America Corp DE now owns 1,219,979 shares of the company’s stock valued at $71,302,000 after purchasing an additional 449,549 shares during the last quarter. Mission Wealth Management LP raised its holdings in shares of iShares California Muni Bond ETF by 147.7% during the fourth quarter. Mission Wealth Management LP now owns 1,138,942 shares of the company’s stock valued at $66,565,000 after purchasing an additional 679,182 shares during the last quarter. BlackRock Inc. raised its holdings in shares of iShares California Muni Bond ETF by 3,277.7% during the third quarter. BlackRock Inc. now owns 511,917 shares of the company’s stock valued at $29,686,000 after purchasing an additional 496,761 shares during the last quarter. Bailard Inc. raised its holdings in shares of iShares California Muni Bond ETF by 7.2% during the first quarter. Bailard Inc. now owns 352,620 shares of the company’s stock valued at $21,013,000 after purchasing an additional 23,633 shares during the last quarter. Finally, Pure Financial Advisors Inc. raised its holdings in shares of iShares California Muni Bond ETF by 2.1% during the first quarter. Pure Financial Advisors Inc. now owns 214,936 shares of the company’s stock valued at $12,808,000 after purchasing an additional 4,404 shares during the last quarter.

Shares of CMF traded up $0.11 during mid-day trading on Wednesday, hitting $60.18. 46,076 shares of the company traded hands, compared to its average volume of 86,117. iShares California Muni Bond ETF has a 1 year low of $56.90 and a 1 year high of $60.11.

The business also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were issued a dividend of $0.1067 per share. This represents a $1.28 annualized dividend and a dividend yield of 2.13%. This is a boost from iShares California Muni Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Wednesday, May 1st.

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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.

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Want to see what other hedge funds are holding CMF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares California Muni Bond ETF (NYSEARCA:CMF).

Institutional Ownership by Quarter for iShares California Muni Bond ETF (NYSEARCA:CMF)

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