Maloon Powers Pitre Higgins & Dennehy LLC Buys Shares of 27,501 iShares California Muni Bond ETF $CMF

Maloon Powers Pitre Higgins & Dennehy LLC bought a new position in iShares California Muni Bond ETF (NYSEARCA:CMF) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 27,501 shares of the company’s stock, valued at approximately $1,585,000.

Several other hedge funds have also recently modified their holdings of CMF. EP Wealth Advisors LLC purchased a new stake in shares of iShares California Muni Bond ETF during the fourth quarter valued at $67,285,000. Wealthfront Advisers LLC raised its position in iShares California Muni Bond ETF by 21.3% in the 1st quarter. Wealthfront Advisers LLC now owns 6,199,721 shares of the company’s stock worth $352,516,000 after buying an additional 1,089,990 shares during the last quarter. Jane Street Group LLC lifted its stake in iShares California Muni Bond ETF by 73.7% during the 2nd quarter. Jane Street Group LLC now owns 1,792,639 shares of the company’s stock valued at $99,922,000 after acquiring an additional 760,870 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in iShares California Muni Bond ETF by 9.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,440,029 shares of the company’s stock valued at $484,964,000 after acquiring an additional 703,735 shares during the period. Finally, Bank of America Corp DE lifted its stake in iShares California Muni Bond ETF by 40.0% during the 3rd quarter. Bank of America Corp DE now owns 1,640,770 shares of the company’s stock valued at $93,589,000 after acquiring an additional 468,664 shares during the period.

iShares California Muni Bond ETF Stock Down 0.1%

Shares of NYSEARCA CMF opened at $55.70 on Friday. The firm’s 50-day moving average price is $56.80 and its 200-day moving average price is $57.16. iShares California Muni Bond ETF has a 52-week low of $55.69 and a 52-week high of $58.44.

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.