Mission Wealth Management LP Trims Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

Mission Wealth Management LP cut its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 4.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 105,260 shares of the company’s stock after selling 4,558 shares during the period. Mission Wealth Management LP owned 0.22% of iShares California Muni Bond ETF worth $6,029,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in CMF. Ballast Advisors LLC purchased a new position in shares of iShares California Muni Bond ETF during the third quarter valued at approximately $29,000. Asset Planning Inc bought a new stake in shares of iShares California Muni Bond ETF during the fourth quarter valued at approximately $40,000. Larson Financial Group LLC boosted its position in shares of iShares California Muni Bond ETF by 100.0% during the third quarter. Larson Financial Group LLC now owns 1,500 shares of the company’s stock valued at $87,000 after purchasing an additional 750 shares in the last quarter. Angeles Wealth Management LLC boosted its position in shares of iShares California Muni Bond ETF by 209.1% during the fourth quarter. Angeles Wealth Management LLC now owns 1,802 shares of the company’s stock valued at $103,000 after purchasing an additional 1,219 shares in the last quarter. Finally, Bradley & Co. Private Wealth Management LLC bought a new stake in shares of iShares California Muni Bond ETF during the fourth quarter valued at approximately $184,000.

iShares California Muni Bond ETF Stock Performance

NYSEARCA CMF opened at $57.46 on Monday. iShares California Muni Bond ETF has a twelve month low of $56.32 and a twelve month high of $58.18. The stock’s 50 day moving average is $56.98 and its 200 day moving average is $57.41.

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.