Pacific Capital Wealth Advisors Inc. Decreases Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

Pacific Capital Wealth Advisors Inc. trimmed its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 7.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,082 shares of the company’s stock after selling 3,204 shares during the quarter. iShares California Muni Bond ETF accounts for about 0.6% of Pacific Capital Wealth Advisors Inc.’s portfolio, making the stock its 25th largest position. Pacific Capital Wealth Advisors Inc.’s holdings in iShares California Muni Bond ETF were worth $2,264,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in CMF. Charles Schwab Investment Advisory Inc. grew its stake in shares of iShares California Muni Bond ETF by 22.7% during the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 9,083,884 shares of the company’s stock worth $526,320,000 after acquiring an additional 1,677,661 shares during the last quarter. FMR LLC increased its stake in iShares California Muni Bond ETF by 319.8% during the 3rd quarter. FMR LLC now owns 2,043,606 shares of the company’s stock valued at $112,071,000 after purchasing an additional 1,556,751 shares in the last quarter. TIAA Trust National Association acquired a new position in iShares California Muni Bond ETF during the 3rd quarter valued at approximately $38,021,000. UBS Group AG raised its holdings in shares of iShares California Muni Bond ETF by 174.4% in the third quarter. UBS Group AG now owns 793,580 shares of the company’s stock worth $43,520,000 after buying an additional 504,327 shares during the last quarter. Finally, EP Wealth Advisors LLC lifted its stake in shares of iShares California Muni Bond ETF by 23,202.9% during the third quarter. EP Wealth Advisors LLC now owns 434,833 shares of the company’s stock worth $23,846,000 after buying an additional 432,967 shares during the period.

iShares California Muni Bond ETF Price Performance

Shares of NYSEARCA CMF traded down $0.02 during mid-day trading on Wednesday, hitting $57.20. The stock had a trading volume of 133,769 shares, compared to its average volume of 213,406. The company has a 50 day moving average of $57.25 and a two-hundred day moving average of $57.04. iShares California Muni Bond ETF has a twelve month low of $53.92 and a twelve month high of $58.09.

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.