Envestnet Portfolio Solutions Inc. Buys 30,296 Shares of iShares California Muni Bond ETF $CMF

Envestnet Portfolio Solutions Inc. increased its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 12.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 269,739 shares of the company’s stock after purchasing an additional 30,296 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 0.44% of iShares California Muni Bond ETF worth $15,386,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of CMF. WFA of San Diego LLC bought a new position in shares of iShares California Muni Bond ETF during the 2nd quarter worth $26,000. Blue Trust Inc. purchased a new stake in iShares California Muni Bond ETF during the 3rd quarter worth approximately $40,000. Root Financial Partners LLC acquired a new stake in shares of iShares California Muni Bond ETF during the third quarter worth about $44,000. CX Institutional acquired a new stake in shares of iShares California Muni Bond ETF in the third quarter worth $63,000. Finally, Golden State Equity Partners acquired a new position in iShares California Muni Bond ETF during the third quarter valued at $202,000.

iShares California Muni Bond ETF Price Performance

Shares of CMF stock opened at $57.74 on Friday. iShares California Muni Bond ETF has a 52-week low of $53.61 and a 52-week high of $57.93. The business has a 50-day simple moving average of $57.53 and a 200-day simple moving average of $56.83.

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.