Sei Investments Co. Grows Stake in iShares California Muni Bond ETF (NYSEARCA:CMF)

Sei Investments Co. increased its stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 18.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 235,457 shares of the company’s stock after purchasing an additional 35,968 shares during the period. Sei Investments Co. owned 0.48% of iShares California Muni Bond ETF worth $13,487,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kingsview Wealth Management LLC boosted its stake in iShares California Muni Bond ETF by 3.8% during the 3rd quarter. Kingsview Wealth Management LLC now owns 5,784 shares of the company’s stock worth $336,000 after purchasing an additional 212 shares during the last quarter. Larson Financial Group LLC lifted its stake in shares of iShares California Muni Bond ETF by 100.0% in the third quarter. Larson Financial Group LLC now owns 1,500 shares of the company’s stock worth $87,000 after buying an additional 750 shares in the last quarter. Bank of Montreal Can boosted its position in iShares California Muni Bond ETF by 4.4% during the third quarter. Bank of Montreal Can now owns 143,977 shares of the company’s stock worth $8,375,000 after acquiring an additional 6,030 shares during the last quarter. FMR LLC raised its holdings 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 valued at $343,412,000 after acquiring an additional 261,806 shares during the last quarter. Finally, Townsquare Capital LLC lifted its stake in iShares California Muni Bond ETF by 318.8% in the 3rd quarter. Townsquare Capital LLC now owns 57,130 shares of the company’s stock worth $3,320,000 after purchasing an additional 43,488 shares in the last quarter.

iShares California Muni Bond ETF Stock Performance

CMF stock opened at $56.14 on Friday. iShares California Muni Bond ETF has a 1 year low of $55.87 and a 1 year high of $58.18. The business has a 50 day simple moving average of $56.84 and a 200-day simple moving average 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.