Townsquare Capital LLC Grows Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

Townsquare Capital LLC raised its stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 318.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,130 shares of the company’s stock after acquiring an additional 43,488 shares during the period. Townsquare Capital LLC owned about 0.12% of iShares California Muni Bond ETF worth $3,320,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its holdings in shares of iShares California Muni Bond ETF by 37.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 13,245,170 shares of the company’s stock valued at $769,677,000 after acquiring an additional 3,640,060 shares in the last quarter. FMR LLC increased its position in shares of iShares California Muni Bond ETF by 4.6% during the 3rd quarter. FMR LLC now owns 5,909,686 shares of the company’s stock valued at $343,412,000 after purchasing an additional 261,806 shares during the last quarter. EP Wealth Advisors LLC raised its stake in shares of iShares California Muni Bond ETF by 0.9% during the 2nd quarter. EP Wealth Advisors LLC now owns 1,273,710 shares of the company’s stock worth $72,449,000 after purchasing an additional 11,062 shares during the period. Bailard Inc. boosted its holdings in shares of iShares California Muni Bond ETF by 19.3% in the 3rd quarter. Bailard Inc. now owns 849,445 shares of the company’s stock worth $49,361,000 after buying an additional 137,348 shares during the last quarter. Finally, TIAA Trust National Association grew its position in iShares California Muni Bond ETF by 0.9% during the second quarter. TIAA Trust National Association now owns 647,570 shares of the company’s stock valued at $36,834,000 after buying an additional 5,990 shares during the period.

iShares California Muni Bond ETF Stock Performance

NYSEARCA CMF opened at $58.01 on Friday. iShares California Muni Bond ETF has a 52-week low of $56.32 and a 52-week high of $58.18. The company has a 50-day simple moving average of $57.56 and a 200 day simple moving average of $57.39.

iShares California Muni Bond ETF Company 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.