Destination Wealth Management Acquires 20,911 Shares of iShares California Muni Bond ETF $CMF

Destination Wealth Management grew its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 92.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 43,565 shares of the company’s stock after acquiring an additional 20,911 shares during the period. Destination Wealth Management owned about 0.06% of iShares California Muni Bond ETF worth $2,503,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Stifel Financial Corp raised its stake in shares of iShares California Muni Bond ETF by 10.1% during the fourth quarter. Stifel Financial Corp now owns 50,060 shares of the company’s stock valued at $2,877,000 after acquiring an additional 4,612 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in shares of iShares California Muni Bond ETF by 1.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 20,876 shares of the company’s stock valued at $1,199,000 after acquiring an additional 265 shares during the last quarter. Morgan Stanley increased its position in shares of iShares California Muni Bond ETF by 1.2% during the fourth quarter. Morgan Stanley now owns 1,790,589 shares of the company’s stock worth $102,887,000 after buying an additional 20,936 shares during the period. Itau Unibanco Holding S.A. increased its position in shares of iShares California Muni Bond ETF by 35.4% during the fourth quarter. Itau Unibanco Holding S.A. now owns 14,817 shares of the company’s stock worth $851,000 after buying an additional 3,876 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in shares of iShares California Muni Bond ETF by 9.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,440,029 shares of the company’s stock worth $484,964,000 after buying an additional 703,735 shares during the period.

iShares California Muni Bond ETF Trading Down 0.0%

CMF opened at $57.31 on Friday. iShares California Muni Bond ETF has a twelve month low of $55.13 and a twelve month high of $58.44. The company has a fifty day moving average of $57.20 and a 200-day moving average of $57.46.

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.