Summit Wealth Group LLC Invests $369,000 in iShares California Muni Bond ETF (NYSEARCA:CMF)

Summit Wealth Group LLC purchased a new position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 6,436 shares of the company’s stock, valued at approximately $369,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. McNaughton Wealth Management LLC boosted its stake in iShares California Muni Bond ETF by 0.8% in the 4th quarter. McNaughton Wealth Management LLC now owns 24,055 shares of the company’s stock worth $1,378,000 after purchasing an additional 191 shares during the period. Kingsview Wealth Management LLC boosted its stake in iShares California Muni Bond ETF by 3.8% in the 3rd quarter. Kingsview Wealth Management LLC now owns 5,784 shares of the company’s stock worth $336,000 after purchasing an additional 212 shares during the period. First National Bank Sioux Falls boosted its stake in iShares California Muni Bond ETF by 2.2% in the 4th quarter. First National Bank Sioux Falls now owns 10,222 shares of the company’s stock worth $586,000 after purchasing an additional 222 shares during the period. Dynamic Advisor Solutions LLC boosted its stake in iShares California Muni Bond ETF by 0.9% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 29,584 shares of the company’s stock worth $1,695,000 after purchasing an additional 261 shares during the period. Finally, IMPACTfolio LLC boosted its position in shares of iShares California Muni Bond ETF by 5.8% during the 4th quarter. IMPACTfolio LLC now owns 4,891 shares of the company’s stock valued at $280,000 after acquiring an additional 270 shares during the last quarter.

iShares California Muni Bond ETF Trading Up 0.5 %

Shares of CMF opened at $57.35 on Wednesday. The stock has a 50-day moving average price of $56.95 and a 200-day moving average price of $57.42. iShares California Muni Bond ETF has a 12-month low of $56.32 and a 12-month high of $58.18.

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.