Signature Resources Capital Management LLC bought a new position in iShares California Muni Bond ETF (NYSEARCA:CMF – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 3,517 shares of the company’s stock, valued at approximately $204,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. WealthShield Partners LLC purchased a new position in iShares California Muni Bond ETF in the 4th quarter worth $35,000. GAMMA Investing LLC purchased a new position in shares of iShares California Muni Bond ETF during the 4th quarter valued at about $35,000. AdvisorNet Financial Inc purchased a new position in shares of iShares California Muni Bond ETF during the 4th quarter valued at about $72,000. Allworth Financial LP raised its stake in shares of iShares California Muni Bond ETF by 182.9% during the 3rd quarter. Allworth Financial LP now owns 1,887 shares of the company’s stock valued at $103,000 after buying an additional 1,220 shares during the last quarter. Finally, Planned Solutions Inc. purchased a new position in shares of iShares California Muni Bond ETF during the 4th quarter valued at about $161,000.
iShares California Muni Bond ETF Stock Performance
Shares of NYSEARCA CMF traded up $0.18 during trading on Friday, reaching $56.95. 188,550 shares of the company traded hands, compared to its average volume of 215,387. The firm’s fifty day simple moving average is $57.29 and its 200 day simple moving average is $56.98. iShares California Muni Bond ETF has a 12-month low of $53.92 and a 12-month high of $58.09.
iShares California Muni Bond ETF 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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