Conquis Financial LLC Purchases 14,549 Shares of iShares California Muni Bond ETF $CMF

Conquis Financial LLC increased its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 38.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 52,167 shares of the company’s stock after acquiring an additional 14,549 shares during the quarter. iShares California Muni Bond ETF accounts for approximately 2.6% of Conquis Financial LLC’s holdings, making the stock its 9th largest holding. Conquis Financial LLC’s holdings in iShares California Muni Bond ETF were worth $2,998,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also modified their holdings of CMF. Wealthfront Advisers LLC grew its holdings in shares of iShares California Muni Bond ETF by 29.1% in the 4th quarter. Wealthfront Advisers LLC now owns 5,109,731 shares of the company’s stock worth $293,605,000 after acquiring an additional 1,151,376 shares during the period. Jane Street Group LLC grew its holdings in shares of 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 period. Bank of America Corp DE grew its holdings in shares of iShares California Muni Bond ETF by 40.0% in the 3rd quarter. Bank of America Corp DE now owns 1,640,770 shares of the company’s stock worth $93,589,000 after acquiring an additional 468,664 shares during the period. Axxcess Wealth Management LLC acquired a new stake in shares of iShares California Muni Bond ETF in the 4th quarter worth approximately $11,256,000. Finally, Captrust Financial Advisors grew its holdings in shares of iShares California Muni Bond ETF by 66.7% in the 2nd quarter. Captrust Financial Advisors now owns 342,904 shares of the company’s stock worth $19,113,000 after acquiring an additional 137,264 shares during the period.

iShares California Muni Bond ETF Stock Performance

CMF opened at $57.28 on Friday. The stock’s 50 day simple moving average is $57.14 and its 200 day simple moving average is $57.47. iShares California Muni Bond ETF has a 1-year low of $55.13 and a 1-year high of $58.44.

About iShares California Muni Bond ETF

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.