Avantax Planning Partners Inc. Raises Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

Avantax Planning Partners Inc. grew its position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 213.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,196 shares of the company’s stock after buying an additional 8,300 shares during the quarter. Avantax Planning Partners Inc.’s holdings in iShares California Muni Bond ETF were worth $707,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Charles Schwab Investment Advisory Inc. boosted its holdings in shares of iShares California Muni Bond ETF by 22.7% during the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 9,083,884 shares of the company’s stock valued at $526,320,000 after acquiring an additional 1,677,661 shares during the last quarter. FMR LLC grew its position in iShares California Muni Bond ETF by 319.8% in the 3rd quarter. FMR LLC now owns 2,043,606 shares of the company’s stock worth $112,071,000 after purchasing an additional 1,556,751 shares during the period. UBS Group AG raised its stake in iShares California Muni Bond ETF by 12.6% during the 4th quarter. UBS Group AG now owns 893,926 shares of the company’s stock valued at $51,794,000 after buying an additional 100,346 shares during the last quarter. Mariner LLC lifted its holdings in shares of iShares California Muni Bond ETF by 4.6% during the 3rd quarter. Mariner LLC now owns 732,767 shares of the company’s stock valued at $40,185,000 after buying an additional 31,969 shares during the period. Finally, LPL Financial LLC lifted its holdings in shares of iShares California Muni Bond ETF by 10.9% during the 3rd quarter. LPL Financial LLC now owns 690,733 shares of the company’s stock valued at $37,880,000 after buying an additional 68,100 shares during the period.

iShares California Muni Bond ETF Stock Performance

Shares of CMF remained flat at $56.56 on Friday. 271,871 shares of the company were exchanged, compared to its average volume of 213,620. iShares California Muni Bond ETF has a one year low of $53.92 and a one year high of $58.09. The company’s 50-day moving average price is $57.06 and its 200 day moving average price is $57.25.

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.