Values Added Financial LLC Boosts Position in iShares California Muni Bond ETF $CMF

Values Added Financial LLC grew its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 163.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,665 shares of the company’s stock after buying an additional 20,895 shares during the quarter. Values Added Financial LLC’s holdings in iShares California Muni Bond ETF were worth $1,934,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. AQR Capital Management LLC raised its stake in shares of 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 valued at $482,000 after acquiring an additional 2,256 shares during the period. Beacon Pointe Advisors LLC increased its holdings in iShares California Muni Bond ETF by 5.6% in the 2nd quarter. Beacon Pointe Advisors LLC now owns 111,153 shares of the company’s stock valued at $6,196,000 after purchasing an additional 5,856 shares in the last quarter. Guggenheim Capital LLC increased its holdings in iShares California Muni Bond ETF by 65.6% in the 2nd quarter. Guggenheim Capital LLC now owns 121,282 shares of the company’s stock valued at $6,760,000 after purchasing an additional 48,038 shares in the last quarter. Brown Advisory Inc. raised its position in iShares California Muni Bond ETF by 202.7% in the second quarter. Brown Advisory Inc. now owns 11,991 shares of the company’s stock valued at $668,000 after purchasing an additional 8,029 shares during the period. Finally, SageView Advisory Group LLC purchased a new position in iShares California Muni Bond ETF in the second quarter valued at about $239,000.

iShares California Muni Bond ETF Stock Performance

Shares of CMF opened at $56.96 on Friday. iShares California Muni Bond ETF has a 12 month low of $53.61 and a 12 month high of $58.44. The stock’s 50-day moving average is $57.66 and its two-hundred day moving average is $57.50.

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.