Gerber Kawasaki Wealth & Investment Management Has $2.36 Million Holdings in iShares California Muni Bond ETF $CMF

Gerber Kawasaki Wealth & Investment Management lessened its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 17.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 41,114 shares of the company’s stock after selling 8,828 shares during the quarter. Gerber Kawasaki Wealth & Investment Management’s holdings in iShares California Muni Bond ETF were worth $2,362,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in CMF. AQR Capital Management LLC increased its holdings in iShares California Muni Bond ETF by 35.8% during the 1st quarter. AQR Capital Management LLC now owns 8,556 shares of the company’s stock worth $482,000 after purchasing an additional 2,256 shares in the last quarter. Brown Advisory Inc. increased its holdings in iShares California Muni Bond ETF by 202.7% during the 2nd quarter. Brown Advisory Inc. now owns 11,991 shares of the company’s stock worth $668,000 after purchasing an additional 8,029 shares in the last quarter. Qube Research & Technologies Ltd increased its holdings in iShares California Muni Bond ETF by 189.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 7,283 shares of the company’s stock worth $406,000 after purchasing an additional 4,768 shares in the last quarter. Sei Investments Co. grew its position in iShares California Muni Bond ETF by 12.1% in the second quarter. Sei Investments Co. now owns 274,376 shares of the company’s stock valued at $15,294,000 after purchasing an additional 29,539 shares in the last quarter. Finally, Alliancebernstein L.P. grew its position in iShares California Muni Bond ETF by 11.8% in the second quarter. Alliancebernstein L.P. now owns 219,598 shares of the company’s stock valued at $12,240,000 after purchasing an additional 23,100 shares in the last quarter.

iShares California Muni Bond ETF Stock Down 0.0%

iShares California Muni Bond ETF stock opened at $57.31 on Friday. iShares California Muni Bond ETF has a 1-year low of $55.13 and a 1-year high of $58.44. The company has a fifty day simple moving average of $57.20 and a 200 day simple moving average of $57.46.

iShares California Muni Bond ETF Company 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.