iShares California Muni Bond ETF (NYSEARCA:CMF) Shares Sold by Amara Financial LLC.

Amara Financial LLC. decreased its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 16.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 79,260 shares of the company’s stock after selling 16,081 shares during the quarter. iShares California Muni Bond ETF comprises about 4.1% of Amara Financial LLC.’s holdings, making the stock its 7th largest position. Amara Financial LLC. owned 0.13% of iShares California Muni Bond ETF worth $4,461,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Stifel Financial Corp increased its stake in shares of iShares California Muni Bond ETF by 48.6% during the 4th quarter. Stifel Financial Corp now owns 25,559 shares of the company’s stock valued at $1,464,000 after acquiring an additional 8,357 shares during the last quarter. Millennium Management LLC acquired a new stake in iShares California Muni Bond ETF during the 4th quarter worth approximately $588,000. Wealth Enhancement Advisory Services LLC increased its position in iShares California Muni Bond ETF by 39.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 19,036 shares of the company’s stock worth $1,090,000 after purchasing an additional 5,377 shares in the last quarter. HighTower Advisors LLC increased its position in iShares California Muni Bond ETF by 28.5% during the 4th quarter. HighTower Advisors LLC now owns 42,746 shares of the company’s stock worth $2,448,000 after purchasing an additional 9,470 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in iShares California Muni Bond ETF during the 4th quarter worth approximately $11,396,000.

iShares California Muni Bond ETF Price Performance

CMF opened at $55.64 on Friday. The firm has a 50 day moving average price of $55.52 and a 200 day moving average price of $56.26. iShares California Muni Bond ETF has a 1 year low of $53.61 and a 1 year high of $58.18.

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.