Renaissance Technologies LLC Sells 93,900 Shares of iShares California Muni Bond ETF $CMF

Renaissance Technologies LLC cut its position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 83.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,700 shares of the company’s stock after selling 93,900 shares during the quarter. Renaissance Technologies LLC’s holdings in iShares California Muni Bond ETF were worth $1,063,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of CMF. AQR Capital Management LLC lifted its position in iShares California Muni Bond ETF by 35.8% in the 1st quarter. AQR Capital Management LLC now owns 8,556 shares of the company’s stock worth $482,000 after buying an additional 2,256 shares during the last quarter. Brown Advisory Inc. grew its position in iShares California Muni Bond ETF by 202.7% during the second quarter. Brown Advisory Inc. now owns 11,991 shares of the company’s stock valued at $668,000 after acquiring an additional 8,029 shares during the last quarter. Qube Research & Technologies Ltd raised its stake in shares of iShares California Muni Bond ETF by 189.6% during the second quarter. Qube Research & Technologies Ltd now owns 7,283 shares of the company’s stock worth $406,000 after acquiring an additional 4,768 shares in the last quarter. Sei Investments Co. raised its stake in shares of iShares California Muni Bond ETF by 12.1% during the second quarter. Sei Investments Co. now owns 274,376 shares of the company’s stock worth $15,294,000 after acquiring an additional 29,539 shares in the last quarter. Finally, Alliancebernstein L.P. raised its stake in shares of iShares California Muni Bond ETF by 11.8% during the second quarter. Alliancebernstein L.P. now owns 219,598 shares of the company’s stock worth $12,240,000 after acquiring an additional 23,100 shares in the last quarter.

iShares California Muni Bond ETF Stock Performance

Shares of CMF opened at $56.81 on Friday. iShares California Muni Bond ETF has a fifty-two week low of $55.56 and a fifty-two week high of $58.44. The firm has a 50 day moving average price of $57.13 and a 200-day moving average price of $57.33.

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.