RiverFront Investment Group LLC Buys 7,621 Shares of iShares California Muni Bond ETF (NYSEARCA:CMF)

RiverFront Investment Group LLC lifted its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 51.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 22,459 shares of the company’s stock after purchasing an additional 7,621 shares during the quarter. RiverFront Investment Group LLC’s holdings in iShares California Muni Bond ETF were worth $1,286,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. FMR LLC raised 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 purchasing an additional 261,806 shares during the period. EP Wealth Advisors LLC lifted its stake in shares of iShares California Muni Bond ETF by 2.8% in the 3rd 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. Facet Wealth Inc. boosted its holdings in iShares California Muni Bond ETF by 15.8% during the 4th quarter. Facet Wealth Inc. now owns 1,148,937 shares of the company’s stock valued at $65,409,000 after acquiring an additional 156,961 shares during the period. Bailard Inc. grew its position in iShares California Muni Bond ETF by 25.1% during the 4th quarter. Bailard Inc. now owns 1,063,062 shares of the company’s stock worth $60,892,000 after acquiring an additional 213,617 shares during the last quarter. Finally, LPL Financial LLC increased its stake in iShares California Muni Bond ETF by 11.5% in the 4th quarter. LPL Financial LLC now owns 825,517 shares of the company’s stock worth $47,286,000 after purchasing an additional 84,863 shares during the period.

iShares California Muni Bond ETF Price Performance

NYSEARCA:CMF opened at $56.14 on Friday. iShares California Muni Bond ETF has a fifty-two week low of $55.87 and a fifty-two week high of $58.18. The business has a 50 day moving average price of $56.84 and a 200-day moving average price of $57.27.

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.