January Capital Advisors LLC Invests $571,000 in iShares California Muni Bond ETF $CMF

January Capital Advisors LLC purchased a new stake in iShares California Muni Bond ETF (NYSEARCA:CMF) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 10,048 shares of the company’s stock, valued at approximately $571,000. iShares California Muni Bond ETF accounts for 0.8% of January Capital Advisors LLC’s holdings, making the stock its 26th largest position.

A number of other large investors have also made changes to their positions in CMF. McIlrath & Eck LLC raised its stake in iShares California Muni Bond ETF by 11.1% during the 1st quarter. McIlrath & Eck LLC now owns 48,612 shares of the company’s stock worth $2,764,000 after buying an additional 4,845 shares during the period. NewEdge Advisors LLC lifted its holdings in iShares California Muni Bond ETF by 8.6% during the first quarter. NewEdge Advisors LLC now owns 32,379 shares of the company’s stock worth $1,841,000 after acquiring an additional 2,566 shares in the last quarter. Hamilton Wealth LLC grew its stake in iShares California Muni Bond ETF by 55.1% in the first quarter. Hamilton Wealth LLC now owns 13,446 shares of the company’s stock valued at $765,000 after acquiring an additional 4,779 shares during the period. Centaurus Financial Inc. acquired a new position in iShares California Muni Bond ETF in the first quarter valued at about $196,000. Finally, Royal Bank of Canada increased its holdings in shares of iShares California Muni Bond ETF by 4.7% in the first quarter. Royal Bank of Canada now owns 471,638 shares of the company’s stock worth $26,817,000 after acquiring an additional 21,217 shares in the last quarter.

iShares California Muni Bond ETF Stock Performance

Shares of iShares California Muni Bond ETF stock opened at $56.56 on Friday. The business has a 50-day moving average of $57.24 and a two-hundred day moving average of $57.41. iShares California Muni Bond ETF has a 1 year low of $55.40 and a 1 year 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.