iShares California Muni Bond ETF (NYSEARCA:CMF) Shares Bought by Navalign LLC

Navalign LLC raised its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 7.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 101,821 shares of the company’s stock after purchasing an additional 6,715 shares during the period. iShares California Muni Bond ETF accounts for approximately 2.1% of Navalign LLC’s investment portfolio, making the stock its 11th biggest holding. Navalign LLC owned about 0.26% of iShares California Muni Bond ETF worth $5,900,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Raymond James & Associates boosted its stake in iShares California Muni Bond ETF by 6.9% in the 1st quarter. Raymond James & Associates now owns 22,789 shares of the company’s stock worth $1,326,000 after purchasing an additional 1,472 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in shares of iShares California Muni Bond ETF by 62.1% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 10,227 shares of the company’s stock valued at $595,000 after buying an additional 3,918 shares during the last quarter. HighTower Advisors LLC increased its position in shares of iShares California Muni Bond ETF by 23.0% in the 1st quarter. HighTower Advisors LLC now owns 20,356 shares of the company’s stock valued at $1,185,000 after acquiring an additional 3,810 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in shares of iShares California Muni Bond ETF by 54.0% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 16,216 shares of the company’s stock valued at $943,000 after acquiring an additional 5,689 shares during the period. Finally, Flow Traders U.S. LLC raised its stake in iShares California Muni Bond ETF by 171.7% in the 1st quarter. Flow Traders U.S. LLC now owns 35,995 shares of the company’s stock worth $2,094,000 after acquiring an additional 22,748 shares during the last quarter.

iShares California Muni Bond ETF Stock Performance

CMF traded up $0.06 on Thursday, reaching $57.54. 184,664 shares of the stock were exchanged, compared to its average volume of 211,321. The company’s 50-day moving average price is $57.66 and its 200 day moving average price is $56.63. iShares California Muni Bond ETF has a fifty-two week low of $53.92 and a fifty-two week high of $58.09.

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.