Opes Wealth Management LLC Buys 20,715 Shares of iShares California Muni Bond ETF $CMF

Opes Wealth Management LLC increased its stake in iShares California Muni Bond ETF (NYSEARCA:CMF) by 5.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 438,978 shares of the company’s stock after buying an additional 20,715 shares during the period. iShares California Muni Bond ETF accounts for approximately 4.1% of Opes Wealth Management LLC’s portfolio, making the stock its 3rd largest position. Opes Wealth Management LLC’s holdings in iShares California Muni Bond ETF were worth $25,224,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Sherman Asset Management Inc. lifted its position in 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 valued at $209,000 after buying an additional 181 shares in the last quarter. Instrumental Wealth LLC lifted its position in iShares California Muni Bond ETF by 1.4% during the third quarter. Instrumental Wealth LLC now owns 13,118 shares of the company’s stock valued at $754,000 after buying an additional 182 shares in the last quarter. Traveka Wealth LLC lifted its position in iShares California Muni Bond ETF by 0.3% during the fourth quarter. Traveka Wealth LLC now owns 63,533 shares of the company’s stock valued at $3,651,000 after buying an additional 186 shares in the last quarter. SimpliFi Inc. lifted its position in iShares California Muni Bond ETF by 0.8% during the third quarter. SimpliFi Inc. now owns 26,035 shares of the company’s stock valued at $1,485,000 after buying an additional 199 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in iShares California Muni Bond ETF by 4.3% during the fourth quarter. GAMMA Investing LLC now owns 5,150 shares of the company’s stock valued at $296,000 after buying an additional 211 shares in the last quarter.

iShares California Muni Bond ETF Stock Up 0.1%

Shares of CMF stock opened at $57.31 on Friday. iShares California Muni Bond ETF has a fifty-two week low of $55.13 and a fifty-two week high of $58.44. The firm’s 50 day moving average price is $57.40 and its two-hundred day moving average price is $57.54.

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.