iShares California Muni Bond ETF (NYSEARCA:CMF) Stake Raised by TIAA Trust National Association

TIAA Trust National Association raised its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 0.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 647,570 shares of the company’s stock after buying an additional 5,990 shares during the period. TIAA Trust National Association owned about 1.33% of iShares California Muni Bond ETF worth $36,834,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. West Wealth Group LLC increased its position in shares of iShares California Muni Bond ETF by 1.9% in the second quarter. West Wealth Group LLC now owns 130,423 shares of the company’s stock worth $7,418,000 after acquiring an additional 2,378 shares in the last quarter. Valmark Advisers Inc. boosted its stake in iShares California Muni Bond ETF by 6.1% in the 2nd quarter. Valmark Advisers Inc. now owns 15,297 shares of the company’s stock worth $870,000 after purchasing an additional 878 shares during the period. Rinkey Investments boosted its stake in iShares California Muni Bond ETF by 0.7% in the 2nd quarter. Rinkey Investments now owns 112,196 shares of the company’s stock worth $6,382,000 after purchasing an additional 829 shares during the period. Aptus Capital Advisors LLC purchased a new position in iShares California Muni Bond ETF during the 2nd quarter worth approximately $40,000. Finally, Davidson Investment Advisors raised its stake in iShares California Muni Bond ETF by 46.3% during the 2nd quarter. Davidson Investment Advisors now owns 11,537 shares of the company’s stock valued at $656,000 after purchasing an additional 3,650 shares during the period.

iShares California Muni Bond ETF Stock Performance

CMF opened at $57.60 on Tuesday. The stock has a fifty day moving average of $57.38 and a 200-day moving average of $57.24. iShares California Muni Bond ETF has a 12-month low of $53.92 and a 12-month 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.