Cliftonlarsonallen Wealth Advisors LLC Sells 9,004 Shares of iShares California Muni Bond ETF (NYSEARCA:CMF)

Cliftonlarsonallen Wealth Advisors LLC lowered its position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 13.7% during the fourth quarter, HoldingsChannel reports. The fund owned 56,676 shares of the company’s stock after selling 9,004 shares during the quarter. Cliftonlarsonallen Wealth Advisors LLC’s holdings in iShares California Muni Bond ETF were worth $3,246,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of CMF. Charles Schwab Investment Management Inc. increased its stake in shares of iShares California Muni Bond ETF by 37.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 13,245,170 shares of the company’s stock valued at $769,677,000 after buying an additional 3,640,060 shares during the period. FMR LLC lifted its stake in shares of iShares California Muni Bond ETF by 4.6% in the third quarter. FMR LLC now owns 5,909,686 shares of the company’s stock worth $343,412,000 after acquiring an additional 261,806 shares during the period. EP Wealth Advisors LLC raised its holdings in iShares California Muni Bond ETF by 2.8% during the 3rd quarter. EP Wealth Advisors LLC now owns 1,309,215 shares of the company’s stock worth $76,078,000 after purchasing an additional 35,505 shares during the last quarter. Bailard Inc. boosted its stake in shares of iShares California Muni Bond ETF by 19.3% in the 3rd quarter. Bailard Inc. now owns 849,445 shares of the company’s stock valued at $49,361,000 after purchasing an additional 137,348 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in iShares California Muni Bond ETF by 15.0% during the third quarter. JPMorgan Chase & Co. now owns 411,303 shares of the company’s stock worth $23,901,000 after buying an additional 53,700 shares during the last quarter.

iShares California Muni Bond ETF Stock Performance

CMF traded up $0.22 during trading on Wednesday, reaching $56.63. 13,603 shares of the stock traded hands, compared to its average volume of 670,411. The stock’s 50-day moving average is $57.39 and its 200 day moving average is $57.50. iShares California Muni Bond ETF has a 12 month low of $56.32 and a 12 month high of $58.18.

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.