Spinnaker Investment Group LLC Acquires 1,043 Shares of iShares California Muni Bond ETF (NYSEARCA:CMF)

Spinnaker Investment Group LLC increased its stake in iShares California Muni Bond ETF (NYSEARCA:CMF) by 2.6% during the 4th quarter, Holdings Channel reports. The firm owned 41,061 shares of the company’s stock after purchasing an additional 1,043 shares during the quarter. iShares California Muni Bond ETF comprises approximately 0.6% of Spinnaker Investment Group LLC’s portfolio, making the stock its 18th biggest holding. Spinnaker Investment Group LLC’s holdings in iShares California Muni Bond ETF were worth $2,352,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of CMF. Charles Schwab Investment Management Inc. boosted its holdings in shares of iShares California Muni Bond ETF by 37.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 13,245,170 shares of the company’s stock worth $769,677,000 after purchasing an additional 3,640,060 shares in the last quarter. FMR LLC lifted its position in iShares California Muni Bond ETF by 4.6% in the 3rd quarter. FMR LLC now owns 5,909,686 shares of the company’s stock worth $343,412,000 after buying an additional 261,806 shares during the last quarter. EP Wealth Advisors LLC grew its position in iShares California Muni Bond ETF by 2.8% during the third quarter. EP Wealth Advisors LLC now owns 1,309,215 shares of the company’s stock valued at $76,078,000 after acquiring an additional 35,505 shares during the last quarter. Bailard Inc. raised its stake in shares of 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 in the last quarter. Finally, Raub Brock Capital Management LP lifted its holdings in shares of iShares California Muni Bond ETF by 1.0% in the 4th quarter. Raub Brock Capital Management LP now owns 411,400 shares of the company’s stock worth $23,565,000 after acquiring an additional 3,880 shares during the last quarter.

iShares California Muni Bond ETF Stock Down 0.2 %

Shares of iShares California Muni Bond ETF stock opened at $56.74 on Friday. The company has a fifty day moving average of $57.33 and a 200-day moving average of $57.49. iShares California Muni Bond ETF has a 52-week low of $56.32 and a 52-week high of $58.18.

iShares California Muni Bond ETF 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.