iShares California Muni Bond ETF $CMF Stock: Slow Capital Inc. Cuts Holdings

Slow Capital Inc. cut its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 52.4% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 120,310 shares of the company’s stock after selling 132,191 shares during the quarter. Slow Capital Inc.’s holdings in iShares California Muni Bond ETF were worth $6,511,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Wedmont Private Capital grew its stake in shares of iShares California Muni Bond ETF by 70.8% in the third quarter. Wedmont Private Capital now owns 242,626 shares of the company’s stock worth $13,102,000 after purchasing an additional 100,574 shares during the last quarter. Fifth Third Bancorp bought a new position in iShares California Muni Bond ETF during the 1st quarter worth $3,980,000. Boltwood Capital Management bought a new position in iShares California Muni Bond ETF during the 3rd quarter worth $807,000. Maloon Powers Pitre Higgins & Dennehy LLC acquired a new position in iShares California Muni Bond ETF during the 2nd quarter worth about $1,585,000. Finally, Robertson Stephens Wealth Management LLC lifted its holdings in iShares California Muni Bond ETF by 864.9% during the 3rd quarter. Robertson Stephens Wealth Management LLC now owns 62,274 shares of the company’s stock worth $3,370,000 after buying an additional 55,820 shares during the period.

iShares California Muni Bond ETF Stock Performance

NYSEARCA CMF opened at $55.38 on Monday. The business’s 50-day moving average price is $55.18 and its two-hundred day moving average price is $56.47. iShares California Muni Bond ETF has a 12 month low of $53.62 and a 12 month 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.