Umpqua Bank Takes Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

Umpqua Bank bought a new position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 25,284 shares of the company’s stock, valued at approximately $1,438,000.

Other institutional investors have also made changes to their positions in the company. Spire Wealth Management acquired a new position in iShares California Muni Bond ETF in the 4th quarter valued at about $150,000. Calton & Associates Inc. bought a new stake in shares of iShares California Muni Bond ETF during the fourth quarter worth approximately $260,000. One Degree Advisors Inc bought a new position in shares of iShares California Muni Bond ETF during the fourth quarter worth approximately $926,000. Envestnet Portfolio Solutions Inc. increased its stake in shares of iShares California Muni Bond ETF by 24.6% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 58,123 shares of the company’s stock worth $3,368,000 after purchasing an additional 11,484 shares during the period. Finally, Avantax Advisory Services Inc. lifted its holdings in iShares California Muni Bond ETF by 56.3% during the 4th quarter. Avantax Advisory Services Inc. now owns 17,895 shares of the company’s stock worth $1,037,000 after purchasing an additional 6,449 shares during the last quarter.

iShares California Muni Bond ETF Stock Up 0.2 %

Shares of NYSEARCA CMF opened at $57.89 on Friday. The stock’s fifty day moving average price is $57.44 and its two-hundred day moving average price is $57.25. iShares California Muni Bond ETF has a one year low of $53.92 and a one year high of $58.09.

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.