iShares California Muni Bond ETF (NYSEARCA:CMF) Shares Purchased by Bell Investment Advisors Inc

Bell Investment Advisors Inc boosted its holdings in iShares California Muni Bond ETF (NYSEARCA:CMF) by 8.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 64,206 shares of the company’s stock after purchasing an additional 4,853 shares during the quarter. iShares California Muni Bond ETF makes up 0.7% of Bell Investment Advisors Inc’s portfolio, making the stock its 27th biggest holding. Bell Investment Advisors Inc owned approximately 0.13% of iShares California Muni Bond ETF worth $3,678,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Asset Planning Inc acquired a new position in iShares California Muni Bond ETF in the fourth quarter valued at $40,000. Larson Financial Group LLC increased 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 acquiring an additional 750 shares during the last quarter. Angeles Wealth Management LLC increased 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 acquiring an additional 1,219 shares during the last quarter. Bradley & Co. Private Wealth Management LLC acquired a new stake in iShares California Muni Bond ETF during the fourth quarter worth about $184,000. Finally, Sherman Asset Management Inc. acquired a new stake in iShares California Muni Bond ETF during the fourth quarter worth about $204,000.

iShares California Muni Bond ETF Stock Performance

Shares of NYSEARCA:CMF opened at $56.91 on Monday. The business has a 50-day moving average of $56.98 and a two-hundred day moving average of $57.39. iShares California Muni Bond ETF has a 12 month low of $56.32 and a 12 month high of $58.18.

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.