January Capital Advisors LLC Takes $571,000 Position in iShares California Muni Bond ETF $CMF

January Capital Advisors LLC acquired a new position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,048 shares of the company’s stock, valued at approximately $571,000. iShares California Muni Bond ETF makes up about 0.8% of January Capital Advisors LLC’s portfolio, making the stock its 26th largest holding.

Several other large investors also recently made changes to their positions in CMF. EP Wealth Advisors LLC acquired a new stake in shares of iShares California Muni Bond ETF during the fourth quarter worth $67,285,000. Wealthfront Advisers LLC boosted its stake in 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 purchasing an additional 1,151,376 shares during the period. Jane Street Group LLC boosted 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 purchasing an additional 760,870 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in iShares California Muni Bond ETF by 9.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,440,029 shares of the company’s stock worth $484,964,000 after purchasing an additional 703,735 shares during the period. Finally, Bank of America Corp DE increased its holdings in iShares California Muni Bond ETF by 40.0% during the 3rd quarter. Bank of America Corp DE now owns 1,640,770 shares of the company’s stock worth $93,589,000 after purchasing an additional 468,664 shares in the last quarter.

iShares California Muni Bond ETF Price Performance

CMF opened at $56.56 on Friday. The business’s 50-day moving average price is $57.24 and its two-hundred day moving average price is $57.41. iShares California Muni Bond ETF has a 1 year low of $55.40 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.