Orion Portfolio Solutions LLC Has $1.12 Million Stock Holdings in iShares California Muni Bond ETF (NYSEARCA:CMF)

Orion Portfolio Solutions LLC lessened its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 12.4% in the third quarter, Holdings Channel.com reports. The fund owned 19,203 shares of the company’s stock after selling 2,722 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in iShares California Muni Bond ETF were worth $1,116,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CMF. Wealth Enhancement Advisory Services LLC grew its holdings in iShares California Muni Bond ETF by 18.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 11,524 shares of the company’s stock worth $655,000 after acquiring an additional 1,757 shares during the period. Diversified LLC bought a new position in shares of iShares California Muni Bond ETF during the second quarter worth $236,000. Capital Insight Partners LLC bought a new position in shares of iShares California Muni Bond ETF during the second quarter worth $553,000. Destination Wealth Management boosted its position in shares of iShares California Muni Bond ETF by 22.9% during the second quarter. Destination Wealth Management now owns 13,376 shares of the company’s stock worth $761,000 after purchasing an additional 2,496 shares in the last quarter. Finally, SimpliFi Inc. boosted its position in shares of iShares California Muni Bond ETF by 1.6% during the second quarter. SimpliFi Inc. now owns 24,628 shares of the company’s stock worth $1,401,000 after purchasing an additional 389 shares in the last quarter.

iShares California Muni Bond ETF Price Performance

Shares of NYSEARCA CMF opened at $57.55 on Friday. The company’s fifty day moving average is $57.54 and its 200-day moving average is $57.47. iShares California Muni Bond ETF has a twelve month low of $56.32 and a twelve 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.