Maloon Powers Pitre Higgins & Dennehy LLC Makes New Investment in iShares California Muni Bond ETF $CMF
by Teresa Graham · The Cerbat GemMaloon Powers Pitre Higgins & Dennehy LLC acquired a new stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF – Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 27,501 shares of the company’s stock, valued at approximately $1,585,000.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. EP Wealth Advisors LLC purchased a new position in shares of iShares California Muni Bond ETF in the 4th quarter valued at approximately $67,285,000. Wealthfront Advisers LLC grew its stake in iShares California Muni Bond ETF by 21.3% in the first quarter. Wealthfront Advisers LLC now owns 6,199,721 shares of the company’s stock worth $352,516,000 after purchasing an additional 1,089,990 shares during the period. Jane Street Group LLC grew its stake in iShares California Muni Bond ETF by 73.7% in the second quarter. Jane Street Group LLC now owns 1,792,639 shares of the company’s stock worth $99,922,000 after purchasing an additional 760,870 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in iShares California Muni Bond ETF by 9.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,440,029 shares of the company’s stock worth $484,964,000 after purchasing an additional 703,735 shares in the last quarter. Finally, Bank of America Corp DE lifted its position 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 valued at $93,589,000 after buying an additional 468,664 shares during the period.
iShares California Muni Bond ETF Stock Performance
Shares of CMF stock opened at $55.70 on Friday. The company’s fifty day moving average price is $56.80 and its 200-day moving average price is $57.16. iShares California Muni Bond ETF has a 12 month low of $55.69 and a 12 month high of $58.44.
iShares California Muni Bond ETF Company 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.
Read More
- Five stocks we like better than iShares California Muni Bond ETF
- Revolution Medicines Got Its Breakthrough—What Moves It Next?
- Retail Earnings Just Exposed a Bigger Divide in the U.S. Consumer Economy
- FB Financial’s Southern Expansion and Buybacks Drive Analyst Optimism
- AST SpaceMobile Stock Soared 12%—This Was the Catalyst
Want to see what other hedge funds are holding CMF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares California Muni Bond ETF (NYSEARCA:CMF – Free Report).