Oppenheimer & Co. Inc. Acquires New Stake in iShares California Muni Bond ETF $CMF

Oppenheimer & Co. Inc. bought a new stake in iShares California Muni Bond ETF (NYSEARCA:CMF) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 11,850 shares of the company’s stock, valued at approximately $641,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Ballast Rock Private Wealth LLC boosted its stake in shares of iShares California Muni Bond ETF by 0.5% during the 3rd quarter. Ballast Rock Private Wealth LLC now owns 54,495 shares of the company’s stock worth $2,949,000 after acquiring an additional 279 shares in the last quarter. Sowell Financial Services LLC purchased a new stake in shares of iShares California Muni Bond ETF during the third quarter valued at $413,000. Evergreen Capital Management LLC purchased a new stake in shares of iShares California Muni Bond ETF during the third quarter valued at $1,781,000. Brookstone Capital Management acquired a new position in shares of iShares California Muni Bond ETF in the 3rd quarter valued at $553,000. Finally, Ledyard National Bank acquired a new position in shares of iShares California Muni Bond ETF in the 3rd quarter valued at $325,000.

iShares California Muni Bond ETF Stock Performance

NYSEARCA CMF opened at $55.93 on Thursday. iShares California Muni Bond ETF has a 1 year low of $53.62 and a 1 year high of $58.44. The stock’s 50-day moving average price is $55.06 and its two-hundred day moving average price is $56.74.

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.