FARMERS & MERCHANTS TRUST Co OF LONG BEACH Grows Stock Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

FARMERS & MERCHANTS TRUST Co OF LONG BEACH lifted its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 38.3% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 12,373 shares of the company’s stock after acquiring an additional 3,425 shares during the period. FARMERS & MERCHANTS TRUST Co OF LONG BEACH’s holdings in iShares California Muni Bond ETF were worth $712,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. RHS Financial LLC increased its holdings in iShares California Muni Bond ETF by 56.0% in the 1st quarter. RHS Financial LLC now owns 36,349 shares of the company’s stock worth $2,092,000 after buying an additional 13,054 shares during the period. Omega Financial Group LLC raised its stake in shares of iShares California Muni Bond ETF by 4.9% during the 1st quarter. Omega Financial Group LLC now owns 60,997 shares of the company’s stock valued at $3,510,000 after buying an additional 2,827 shares during the last quarter. SteelPeak Wealth LLC boosted its stake in shares of iShares California Muni Bond ETF by 11.0% in the first quarter. SteelPeak Wealth LLC now owns 60,225 shares of the company’s stock worth $3,465,000 after buying an additional 5,963 shares during the last quarter. DeDora Capital Inc. grew its holdings in iShares California Muni Bond ETF by 2.7% during the first quarter. DeDora Capital Inc. now owns 42,414 shares of the company’s stock worth $2,441,000 after acquiring an additional 1,095 shares during the period. Finally, Chesley Taft & Associates LLC acquired a new position in iShares California Muni Bond ETF in the first quarter valued at approximately $293,000.

iShares California Muni Bond ETF Stock Performance

Shares of CMF traded up $0.14 during trading hours on Tuesday, hitting $56.79. The stock had a trading volume of 36,402 shares, compared to its average volume of 205,301. The firm has a 50-day moving average price of $56.90 and a 200 day moving average price of $57.34. iShares California Muni Bond ETF has a fifty-two week low of $53.92 and a fifty-two week 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.