Facet Wealth Inc. Sells 118,029 Shares of iShares California Muni Bond ETF (NYSEARCA:CMF)

Facet Wealth Inc. decreased its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 10.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,030,908 shares of the company’s stock after selling 118,029 shares during the period. iShares California Muni Bond ETF makes up 1.5% of Facet Wealth Inc.’s holdings, making the stock its 17th biggest holding. Facet Wealth Inc.’s holdings in iShares California Muni Bond ETF were worth $57,226,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of CMF. Halbert Hargrove Global Advisors LLC acquired a new position in shares of iShares California Muni Bond ETF in the 1st quarter valued at about $31,000. Olde Wealth Management LLC bought a new stake in iShares California Muni Bond ETF in the first quarter worth approximately $58,000. Abound Financial LLC acquired a new position in iShares California Muni Bond ETF in the first quarter valued at approximately $124,000. Continuum Advisory LLC acquired a new position in iShares California Muni Bond ETF in the fourth quarter valued at approximately $139,000. Finally, Columbia River Financial Group LLC bought a new position in shares of iShares California Muni Bond ETF during the 1st quarter worth approximately $141,000.

iShares California Muni Bond ETF Stock Up 0.1%

Shares of CMF stock opened at $55.30 on Monday. The firm has a 50 day moving average of $55.48 and a 200-day moving average of $56.01. iShares California Muni Bond ETF has a 52 week low of $53.61 and a 52 week high of $58.18.

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.