Navalign LLC Grows Position in iShares California Muni Bond ETF $CMF

Navalign LLC lifted its position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 6.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 185,762 shares of the company’s stock after purchasing an additional 10,877 shares during the quarter. iShares California Muni Bond ETF accounts for approximately 2.8% of Navalign LLC’s portfolio, making the stock its 11th largest holding. Navalign LLC owned 0.30% of iShares California Muni Bond ETF worth $10,596,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. WFA of San Diego LLC acquired a new position in shares of iShares California Muni Bond ETF in the 2nd quarter valued at $26,000. Blue Trust Inc. purchased a new stake in iShares California Muni Bond ETF during the third quarter worth $40,000. Root Financial Partners LLC acquired a new stake in iShares California Muni Bond ETF during the third quarter valued at $44,000. Founders Financial Alliance LLC acquired a new stake in iShares California Muni Bond ETF during the third quarter valued at $58,000. Finally, CX Institutional purchased a new position in iShares California Muni Bond ETF in the third quarter valued at $63,000.

iShares California Muni Bond ETF Trading Down 0.1%

Shares of iShares California Muni Bond ETF stock opened at $57.73 on Monday. The firm has a 50-day simple moving average of $57.88 and a two-hundred day simple moving average of $57.38. iShares California Muni Bond ETF has a fifty-two week low of $53.61 and a fifty-two week high of $58.44.

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.