Magnus Financial Group LLC Takes $250,000 Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

Magnus Financial Group LLC acquired a new position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 4,364 shares of the company’s stock, valued at approximately $250,000.

Other hedge funds have also modified their holdings of the company. Charles Schwab Investment Management Inc. grew its stake in shares of iShares California Muni Bond ETF by 37.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 13,245,170 shares of the company’s stock valued at $769,677,000 after buying an additional 3,640,060 shares during the period. FMR LLC boosted its holdings in iShares California Muni Bond ETF by 4.6% in the third quarter. FMR LLC now owns 5,909,686 shares of the company’s stock valued at $343,412,000 after acquiring an additional 261,806 shares during the last quarter. a16z Perennial Management L.P. purchased a new stake in iShares California Muni Bond ETF during the third quarter valued at about $13,154,000. Bailard Inc. increased its stake in iShares California Muni Bond ETF by 19.3% during the third quarter. Bailard Inc. now owns 849,445 shares of the company’s stock worth $49,361,000 after acquiring an additional 137,348 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in shares of iShares California Muni Bond ETF by 551.1% in the 2nd quarter. NewEdge Advisors LLC now owns 125,813 shares of the company’s stock worth $7,156,000 after purchasing an additional 106,490 shares during the period.

iShares California Muni Bond ETF Stock Up 0.1 %

NYSEARCA CMF opened at $56.87 on Thursday. The business’s 50-day simple moving average is $57.35 and its 200-day simple moving average is $57.49. iShares California Muni Bond ETF has a 1-year low of $56.32 and a 1-year high of $58.18.

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.