TIAA Trust National Association Sells 32,457 Shares of iShares California Muni Bond ETF $CMF

TIAA Trust National Association lessened its stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 4.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 699,571 shares of the company’s stock after selling 32,457 shares during the period. TIAA Trust National Association’s holdings in iShares California Muni Bond ETF were worth $39,903,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. WFA of San Diego LLC purchased a new stake in shares of iShares California Muni Bond ETF in the second quarter worth $26,000. Blue Trust Inc. purchased a new stake in iShares California Muni Bond ETF during the 3rd quarter valued at about $40,000. Root Financial Partners LLC bought a new stake in iShares California Muni Bond ETF during the 3rd quarter valued at about $44,000. Founders Financial Alliance LLC purchased a new position in iShares California Muni Bond ETF in the third quarter worth about $58,000. Finally, CX Institutional bought a new position in shares of iShares California Muni Bond ETF in the third quarter worth approximately $63,000.

iShares California Muni Bond ETF Trading Up 0.1%

NYSEARCA:CMF opened at $58.37 on Friday. The company’s 50 day moving average price is $57.81 and its 200-day moving average price is $57.26. iShares California Muni Bond ETF has a 52 week low of $53.61 and a 52 week high of $58.37.

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. The Index is a subset of the S&P National AMT-Free Municipal Bond Index and is consists of municipal bonds issued in the State of California.