iShares California Muni Bond ETF $CMF Shares Acquired by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. boosted its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 33.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 359,418 shares of the company’s stock after purchasing an additional 89,679 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares California Muni Bond ETF were worth $20,652,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wealthfront Advisers LLC increased its position in iShares California Muni Bond ETF by 29.1% during the 4th quarter. Wealthfront Advisers LLC now owns 5,109,731 shares of the company’s stock worth $293,605,000 after buying an additional 1,151,376 shares during the period. Jane Street Group LLC raised its position in shares of iShares California Muni Bond ETF by 73.7% in the 2nd quarter. Jane Street Group LLC now owns 1,792,639 shares of the company’s stock valued at $99,922,000 after buying an additional 760,870 shares in the last quarter. Bank of America Corp DE lifted its stake in iShares California Muni Bond ETF by 40.0% during the third quarter. Bank of America Corp DE now owns 1,640,770 shares of the company’s stock worth $93,589,000 after purchasing an additional 468,664 shares during the last quarter. Captrust Financial Advisors lifted its position in shares of iShares California Muni Bond ETF by 66.7% during the 2nd quarter. Captrust Financial Advisors now owns 342,904 shares of the company’s stock worth $19,113,000 after buying an additional 137,264 shares during the last quarter. Finally, Orion Porfolio Solutions LLC lifted its holdings in shares of iShares California Muni Bond ETF by 636.1% in the second quarter. Orion Porfolio Solutions LLC now owns 134,094 shares of the company’s stock worth $7,474,000 after acquiring an additional 115,877 shares during the last quarter.

iShares California Muni Bond ETF Price Performance

NYSEARCA CMF opened at $56.66 on Wednesday. The business’s fifty day moving average is $57.17 and its 200 day moving average is $57.50. iShares California Muni Bond ETF has a twelve month low of $55.13 and a twelve month 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.