104,512 Shares of iShares California Muni Bond ETF $CMF Acquired by Valmark Advisers Inc.

Valmark Advisers Inc. bought a new stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 104,512 shares of the company’s stock, valued at approximately $5,656,000. Valmark Advisers Inc. owned approximately 0.11% of iShares California Muni Bond ETF as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Fisher Asset Management LLC bought a new stake in shares of iShares California Muni Bond ETF in the third quarter valued at about $532,000. Three Bridge Wealth Advisors LLC purchased a new stake in shares of iShares California Muni Bond ETF in the 3rd quarter worth approximately $133,000. Ndwm LLC boosted its stake in shares of iShares California Muni Bond ETF by 3.1% during the third quarter. Ndwm LLC now owns 95,096 shares of the company’s stock valued at $5,147,000 after purchasing an additional 2,897 shares in the last quarter. Brooklyn FI LLC bought a new position in shares of iShares California Muni Bond ETF during the third quarter valued at approximately $305,000. Finally, Moneco Advisors LLC bought a new position in shares of iShares California Muni Bond ETF during the third quarter valued at approximately $232,000.

iShares California Muni Bond ETF Stock Performance

CMF stock traded down $0.17 during trading on Friday, hitting $55.61. 1,358,072 shares of the company’s stock traded hands, compared to its average volume of 906,213. The business has a fifty day simple moving average of $55.05 and a two-hundred day simple moving average of $56.68. iShares California Muni Bond ETF has a 1 year low of $53.62 and a 1 year high of $58.44.

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. 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.