Gerber Kawasaki Wealth & Investment Management Buys 27,251 Shares of iShares California Muni Bond ETF $CMF

Gerber Kawasaki Wealth & Investment Management raised its stake in iShares California Muni Bond ETF (NYSEARCA:CMF) by 120.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 49,942 shares of the company’s stock after acquiring an additional 27,251 shares during the quarter. Gerber Kawasaki Wealth & Investment Management’s holdings in iShares California Muni Bond ETF were worth $2,849,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. PFG Advisors purchased a new position in iShares California Muni Bond ETF in the third quarter valued at approximately $244,000. Perennial Investment Advisors LLC increased its position 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 worth $969,000 after buying an additional 9,549 shares during the last quarter. Diversified Portfolios Inc. purchased a new stake in iShares California Muni Bond ETF in the third quarter worth $521,000. Focus Partners Advisor Solutions LLC raised its stake in shares of iShares California Muni Bond ETF by 100.0% in the third quarter. Focus Partners Advisor Solutions LLC now owns 11,678 shares of the company’s stock valued at $671,000 after buying an additional 5,839 shares during the period. Finally, Journey Strategic Wealth LLC raised its stake in shares of iShares California Muni Bond ETF by 3.8% in the third quarter. Journey Strategic Wealth LLC now owns 39,218 shares of the company’s stock valued at $2,237,000 after buying an additional 1,428 shares during the period.

iShares California Muni Bond ETF Stock Down 0.1%

Shares of NYSEARCA CMF opened at $57.73 on Monday. iShares California Muni Bond ETF has a one year low of $53.61 and a one year high of $58.44. The business’s fifty day moving average price is $57.88 and its 200-day moving average price is $57.38.

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.