Savvy Advisors Inc. Buys New Position in iShares California Muni Bond ETF $CMF

Savvy Advisors Inc. purchased a new position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 31,756 shares of the company’s stock, valued at approximately $1,811,000. Savvy Advisors Inc. owned 0.05% of iShares California Muni Bond ETF as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sherman Asset Management Inc. grew its position in shares of iShares California Muni Bond ETF by 5.1% during the second quarter. Sherman Asset Management Inc. now owns 3,744 shares of the company’s stock worth $209,000 after acquiring an additional 181 shares during the last quarter. Instrumental Wealth LLC boosted its stake in iShares California Muni Bond ETF by 1.4% during the 3rd quarter. Instrumental Wealth LLC now owns 13,118 shares of the company’s stock worth $754,000 after purchasing an additional 182 shares during the period. SimpliFi Inc. boosted its stake in iShares California Muni Bond ETF by 0.8% during the 3rd quarter. SimpliFi Inc. now owns 26,035 shares of the company’s stock worth $1,485,000 after purchasing an additional 199 shares during the period. Avantax Planning Partners Inc. grew its position in iShares California Muni Bond ETF by 2.1% during the 3rd quarter. Avantax Planning Partners Inc. now owns 10,478 shares of the company’s stock worth $598,000 after purchasing an additional 212 shares during the last quarter. Finally, Greykasell Wealth Strategies Inc. increased its stake in iShares California Muni Bond ETF by 1.5% in the second quarter. Greykasell Wealth Strategies Inc. now owns 14,621 shares of the company’s stock valued at $815,000 after purchasing an additional 213 shares during the period.

iShares California Muni Bond ETF Stock Up 0.2%

iShares California Muni Bond ETF stock opened at $58.11 on Friday. iShares California Muni Bond ETF has a twelve month low of $53.61 and a twelve month high of $58.13. The stock has a 50 day moving average of $57.64 and a two-hundred day moving average of $57.08.

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.