MAI Capital Management Acquires 27,945 Shares of iShares California Muni Bond ETF $CMF

MAI Capital Management lifted its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 101.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,458 shares of the company’s stock after buying an additional 27,945 shares during the quarter. MAI Capital Management’s holdings in iShares California Muni Bond ETF were worth $3,163,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Compound Planning Inc. raised its holdings in iShares California Muni Bond ETF by 17.6% during the 3rd quarter. Compound Planning Inc. now owns 78,994 shares of the company’s stock valued at $4,506,000 after acquiring an additional 11,806 shares during the period. Curtis Advisory Group LLC grew its position in shares of iShares California Muni Bond ETF by 1.2% in the third quarter. Curtis Advisory Group LLC now owns 26,612 shares of the company’s stock valued at $1,518,000 after purchasing an additional 318 shares in the last quarter. OneDigital Investment Advisors LLC raised its stake in shares of iShares California Muni Bond ETF by 4.4% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 116,451 shares of the company’s stock valued at $6,642,000 after purchasing an additional 4,903 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of iShares California Muni Bond ETF by 40.2% during the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 34,071 shares of the company’s stock valued at $1,943,000 after purchasing an additional 9,776 shares during the period. Finally, Northeast Financial Group Inc. lifted its holdings in iShares California Muni Bond ETF by 7.3% during the 3rd quarter. Northeast Financial Group Inc. now owns 10,060 shares of the company’s stock worth $574,000 after purchasing an additional 682 shares in the last quarter.

iShares California Muni Bond ETF Stock Performance

Shares of NYSEARCA CMF opened at $58.41 on Friday. iShares California Muni Bond ETF has a 52 week low of $53.61 and a 52 week high of $58.44. The business has a 50-day simple moving average of $57.83 and a two-hundred day simple moving average of $57.28.

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.