Jones Financial Companies Lllp Raises Stake in iShares California Muni Bond ETF $CMF

Jones Financial Companies Lllp raised its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 37.0% in the 3rd quarter, Holdings Channel reports. The firm owned 87,765 shares of the company’s stock after buying an additional 23,683 shares during the quarter. Jones Financial Companies Lllp’s holdings in iShares California Muni Bond ETF were worth $4,991,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in CMF. Jane Street Group LLC lifted its stake in iShares California Muni Bond ETF by 73.7% in the second quarter. Jane Street Group LLC now owns 1,792,639 shares of the company’s stock worth $99,922,000 after purchasing an additional 760,870 shares during the last quarter. Bailard Inc. grew its stake in shares of iShares California Muni Bond ETF by 6.7% in the 3rd quarter. Bailard Inc. now owns 1,434,753 shares of the company’s stock worth $81,838,000 after buying an additional 89,922 shares during the last quarter. Facet Wealth Inc. raised its holdings in iShares California Muni Bond ETF by 8.9% in the 3rd quarter. Facet Wealth Inc. now owns 1,392,789 shares of the company’s stock worth $79,445,000 after acquiring an additional 114,076 shares during the last quarter. TIAA Trust National Association grew its position in iShares California Muni Bond ETF by 31.5% in the 2nd quarter. TIAA Trust National Association now owns 732,028 shares of the company’s stock worth $40,803,000 after purchasing an additional 175,539 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in iShares California Muni Bond ETF by 10.7% in the second quarter. Envestnet Asset Management Inc. now owns 519,514 shares of the company’s stock worth $28,958,000 after purchasing an additional 50,276 shares during the last quarter.

iShares California Muni Bond ETF Stock Up 0.0%

Shares of CMF stock opened at $57.93 on Friday. iShares California Muni Bond ETF has a 12 month low of $53.61 and a 12 month high of $57.96. The company has a 50 day simple moving average of $57.58 and a two-hundred day simple moving average of $57.00.

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.