iShares California Muni Bond ETF $CMF Shares Purchased by Royal Bank of Canada

Royal Bank of Canada grew its stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 4.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 471,638 shares of the company’s stock after acquiring an additional 21,217 shares during the quarter. Royal Bank of Canada’s holdings in iShares California Muni Bond ETF were worth $26,817,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of CMF. WFA of San Diego LLC purchased a new stake in iShares California Muni Bond ETF during the 2nd quarter worth approximately $26,000. Optima Capital LLC acquired a new stake in shares of iShares California Muni Bond ETF during the fourth quarter worth $50,000. Ares Financial Consulting LLC acquired a new stake in shares of iShares California Muni Bond ETF during the fourth quarter worth $67,000. Richards Merrill & Peterson Inc. purchased a new stake in shares of iShares California Muni Bond ETF during the fourth quarter valued at $70,000. Finally, Geneos Wealth Management Inc. purchased a new stake in shares of iShares California Muni Bond ETF during the fourth quarter valued at $81,000.

iShares California Muni Bond ETF Trading Up 0.4%

iShares California Muni Bond ETF stock opened at $56.59 on Wednesday. The business’s 50-day simple moving average is $57.21 and its two-hundred day simple moving average is $57.38. iShares California Muni Bond ETF has a fifty-two week low of $55.49 and a fifty-two week high of $58.44.

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.