RiverFront Investment Group LLC Purchases 68,054 Shares of iShares California Muni Bond ETF $CMF

RiverFront Investment Group LLC grew its position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 74.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 158,992 shares of the company’s stock after acquiring an additional 68,054 shares during the quarter. RiverFront Investment Group LLC owned about 0.23% of iShares California Muni Bond ETF worth $9,136,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Affinity Capital Advisors LLC raised its position in shares of iShares California Muni Bond ETF by 5.6% during the fourth quarter. Affinity Capital Advisors LLC now owns 269,594 shares of the company’s stock valued at $15,491,000 after buying an additional 14,208 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of iShares California Muni Bond ETF by 12.2% in the third quarter. Envestnet Asset Management Inc. now owns 583,104 shares of the company’s stock valued at $33,260,000 after purchasing an additional 63,590 shares in the last quarter. Ashton Thomas Private Wealth LLC grew its holdings in shares of iShares California Muni Bond ETF by 167.8% in the third quarter. Ashton Thomas Private Wealth LLC now owns 37,217 shares of the company’s stock valued at $2,123,000 after purchasing an additional 23,321 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in shares of iShares California Muni Bond ETF by 40.2% in the third quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 34,071 shares of the company’s stock valued at $1,943,000 after purchasing an additional 9,776 shares in the last quarter. Finally, Sagespring Wealth Partners LLC purchased a new position in shares of iShares California Muni Bond ETF in the fourth quarter valued at $845,000.

iShares California Muni Bond ETF Price Performance

CMF stock opened at $56.79 on Monday. The firm has a fifty day moving average price of $57.21 and a 200 day moving average price of $57.51. iShares California Muni Bond ETF has a fifty-two week low of $55.13 and a fifty-two week high of $58.44.

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. 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.