Meridian Wealth Management LLC Invests $248,000 in iShares California Muni Bond ETF (NYSEARCA:CMF)

Meridian Wealth Management LLC acquired a new position in iShares California Muni Bond ETF (NYSEARCA:CMF) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,330 shares of the company’s stock, valued at approximately $248,000.

Several other hedge funds and other institutional investors have also modified their holdings of CMF. Ballast Advisors LLC acquired a new stake in shares of iShares California Muni Bond ETF in the third quarter worth $29,000. Asset Planning Inc acquired a new stake in iShares California Muni Bond ETF during the fourth quarter worth $40,000. Larson Financial Group LLC boosted its stake in 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 worth $87,000 after buying an additional 750 shares in the last quarter. Angeles Wealth Management LLC boosted its stake in 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 worth $103,000 after buying an additional 1,219 shares in the last quarter. Finally, Bradley & Co. Private Wealth Management LLC acquired a new stake in iShares California Muni Bond ETF during the fourth quarter worth $184,000.

iShares California Muni Bond ETF Trading Down 0.1 %

CMF opened at $57.07 on Thursday. iShares California Muni Bond ETF has a fifty-two week low of $56.32 and a fifty-two week high of $58.58. The firm’s fifty day moving average price is $56.99 and its two-hundred day moving average price is $57.40.

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.