Cambridge Investment Research Advisors Inc. Has $2.07 Million Stock Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

Cambridge Investment Research Advisors Inc. lowered its stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 8.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 33,852 shares of the company’s stock after selling 3,101 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in iShares California Muni Bond ETF were worth $2,073,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Miracle Mile Advisors LLC raised its holdings in shares of iShares California Muni Bond ETF by 42.7% in the 3rd quarter. Miracle Mile Advisors LLC now owns 887,642 shares of the company’s stock worth $54,395,000 after acquiring an additional 265,545 shares during the last quarter. Bailard Inc. raised its holdings in shares of iShares California Muni Bond ETF by 11.7% in the 3rd quarter. Bailard Inc. now owns 391,875 shares of the company’s stock worth $24,014,000 after acquiring an additional 41,048 shares during the last quarter. Parkside Advisors LLC raised its holdings in shares of iShares California Muni Bond ETF by 37.0% in the 4th quarter. Parkside Advisors LLC now owns 112,476 shares of the company’s stock worth $6,887,000 after acquiring an additional 30,395 shares during the last quarter. FMR LLC raised its holdings in shares of iShares California Muni Bond ETF by 509.9% in the 1st quarter. FMR LLC now owns 29,288 shares of the company’s stock worth $1,744,000 after acquiring an additional 24,486 shares during the last quarter. Finally, Parallel Advisors LLC raised its holdings in shares of iShares California Muni Bond ETF by 108.0% in the 3rd quarter. Parallel Advisors LLC now owns 46,344 shares of the company’s stock worth $2,840,000 after acquiring an additional 24,066 shares during the last quarter.

CMF opened at $62.19 on Friday. iShares California Muni Bond ETF has a fifty-two week low of $58.56 and a fifty-two week high of $62.32. The company’s 50-day moving average is $61.83 and its 200 day moving average is $61.42.

The firm also recently announced a monthly dividend, which was paid on Friday, February 7th. Investors of record on Tuesday, February 4th were issued a $0.1008 dividend. This represents a $1.21 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date was Monday, February 3rd. This is a positive change from iShares California Muni Bond ETF’s previous monthly dividend of $0.10.

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.

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Institutional Ownership by Quarter for iShares California Muni Bond ETF (NYSEARCA:CMF)

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