iShares California Muni Bond ETF (NYSEARCA:CMF) Short Interest Update

iShares California Muni Bond ETF (NYSEARCA:CMF) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totaling 22,625 shares, a decrease of 49.2% from the August 15th total of 44,533 shares. Based on an average trading volume of 557,863 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Trading of iShares California Muni Bond ETF

Hedge funds have recently modified their holdings of the business. Van Hulzen Asset Management LLC increased its stake in shares of iShares California Muni Bond ETF by 17.3% in the 2nd quarter. Van Hulzen Asset Management LLC now owns 5,935 shares of the company’s stock worth $342,000 after acquiring an additional 875 shares in the last quarter. Engineers Gate Manager LP bought a new stake in iShares California Muni Bond ETF during the second quarter worth about $1,959,000. Summit Financial Strategies Inc. purchased a new stake in iShares California Muni Bond ETF in the second quarter worth about $201,000. Integrated Wealth Concepts LLC grew its holdings in iShares California Muni Bond ETF by 28.7% in the second quarter. Integrated Wealth Concepts LLC now owns 52,445 shares of the company’s stock worth $3,023,000 after purchasing an additional 11,691 shares during the period. Finally, Baird Financial Group Inc. increased its stake in shares of iShares California Muni Bond ETF by 14.5% during the second quarter. Baird Financial Group Inc. now owns 8,925 shares of the company’s stock valued at $514,000 after purchasing an additional 1,133 shares in the last quarter.

iShares California Muni Bond ETF Trading Down 0.1%

Shares of CMF traded down $0.03 on Wednesday, reaching $55.11. The stock had a trading volume of 2,037,240 shares, compared to its average volume of 562,766. iShares California Muni Bond ETF has a 12-month low of $55.07 and a 12-month high of $58.44. The company has a 50-day simple moving average of $56.45 and a 200-day simple moving average of $56.99.

iShares California Muni Bond ETF Company 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.