iShares California Muni Bond ETF (NYSEARCA:CMF) Stock Position Reduced by Opes Wealth Management LLC

Opes Wealth Management LLC trimmed its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 1.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 324,843 shares of the company’s stock after selling 4,563 shares during the period. iShares California Muni Bond ETF accounts for about 3.6% of Opes Wealth Management LLC’s holdings, making the stock its 3rd largest holding. Opes Wealth Management LLC’s holdings in iShares California Muni Bond ETF were worth $18,877,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in CMF. Angeles Wealth Management LLC lifted its stake in iShares California Muni Bond ETF by 107.5% during the second quarter. Angeles Wealth Management LLC now owns 583 shares of the company’s stock worth $33,000 after purchasing an additional 302 shares during the last quarter. Aptus Capital Advisors LLC acquired a new stake in iShares California Muni Bond ETF during the second quarter worth approximately $40,000. Rothschild Investment LLC purchased a new stake in shares of iShares California Muni Bond ETF during the 2nd quarter worth approximately $43,000. Larson Financial Group LLC acquired a new position in shares of iShares California Muni Bond ETF in the 2nd quarter valued at $43,000. Finally, Crewe Advisors LLC purchased a new position in shares of iShares California Muni Bond ETF in the 2nd quarter valued at $50,000.

iShares California Muni Bond ETF Trading Down 0.2 %

Shares of NYSEARCA:CMF opened at $57.06 on Monday. iShares California Muni Bond ETF has a 12 month low of $54.43 and a 12 month high of $58.18. The company’s fifty day moving average price is $57.71 and its 200 day moving average price is $57.32.

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.