RHS Financial LLC Has $1.62 Million Stock Holdings in iShares California Muni Bond ETF (NYSEARCA:CMF)

RHS Financial LLC cut its holdings in iShares California Muni Bond ETF (NYSEARCA:CMF) by 6.7% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 28,856 shares of the company’s stock after selling 2,065 shares during the quarter. RHS Financial LLC’s holdings in iShares California Muni Bond ETF were worth $1,624,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. GAMMA Investing LLC increased its position in iShares California Muni Bond ETF by 6,726.6% in the first quarter. GAMMA Investing LLC now owns 470,557 shares of the company’s stock worth $26,483,000 after purchasing an additional 463,664 shares during the period. Bank of America Corp DE lifted its holdings in shares of iShares California Muni Bond ETF by 24.7% during the 4th quarter. Bank of America Corp DE now owns 1,693,917 shares of the company’s stock valued at $97,028,000 after purchasing an additional 335,577 shares in the last quarter. Bailard Inc. lifted its holdings in shares of iShares California Muni Bond ETF by 25.1% during the 4th quarter. Bailard Inc. now owns 1,063,062 shares of the company’s stock valued at $60,892,000 after purchasing an additional 213,617 shares in the last quarter. Raymond James Financial Inc. bought a new stake in iShares California Muni Bond ETF in the 4th quarter valued at approximately $11,396,000. Finally, Wealthfront Advisers LLC lifted its stake in iShares California Muni Bond ETF by 951.2% in the 4th quarter. Wealthfront Advisers LLC now owns 205,155 shares of the company’s stock valued at $11,103,000 after acquiring an additional 185,638 shares in the last quarter.

iShares California Muni Bond ETF Stock Performance

NYSEARCA CMF opened at $55.41 on Friday. iShares California Muni Bond ETF has a 52 week low of $53.61 and a 52 week high of $58.18. The stock’s 50 day moving average price is $55.42 and its two-hundred day moving average price is $56.42.

About iShares California Muni Bond ETF

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.