Affinity Capital Advisors LLC Grows Holdings in iShares California Muni Bond ETF (NYSEARCA:CMF)

Affinity Capital Advisors LLC increased its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 17.0% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 148,325 shares of the company’s stock after purchasing an additional 21,604 shares during the period. iShares California Muni Bond ETF accounts for about 1.6% of Affinity Capital Advisors LLC’s investment portfolio, making the stock its 15th biggest holding. Affinity Capital Advisors LLC owned about 0.22% of iShares California Muni Bond ETF worth $8,110,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Twin Peaks Wealth Advisors LLC boosted its stake in iShares California Muni Bond ETF by 3.8% during the 1st quarter. Twin Peaks Wealth Advisors LLC now owns 5,684 shares of the company’s stock valued at $314,000 after purchasing an additional 206 shares during the period. Exencial Wealth Advisors LLC increased its stake in shares of iShares California Muni Bond ETF by 6.0% in the fourth quarter. Exencial Wealth Advisors LLC now owns 4,406 shares of the company’s stock valued at $252,000 after purchasing an additional 250 shares during the period. PFG Advisors raised its holdings in shares of iShares California Muni Bond ETF by 5.0% during the fourth quarter. PFG Advisors now owns 5,724 shares of the company’s stock valued at $328,000 after buying an additional 272 shares during the last quarter. Atria Wealth Solutions Inc. raised its holdings in shares of iShares California Muni Bond ETF by 4.1% during the fourth quarter. Atria Wealth Solutions Inc. now owns 12,021 shares of the company’s stock valued at $689,000 after buying an additional 468 shares during the last quarter. Finally, Instrumental Wealth LLC boosted its position in shares of iShares California Muni Bond ETF by 5.1% during the fourth quarter. Instrumental Wealth LLC now owns 11,515 shares of the company’s stock worth $658,000 after buying an additional 561 shares during the period.

iShares California Muni Bond ETF Price Performance

Shares of CMF stock opened at $55.41 on Friday. iShares California Muni Bond ETF has a 12-month low of $53.61 and a 12-month high of $58.18. The business has a 50 day simple moving average of $55.42 and a 200 day simple moving average of $56.42.

iShares California Muni Bond ETF Company 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.