NWF Advisory Services Inc. Invests $688,000 in iShares California Muni Bond ETF $CMF

NWF Advisory Services Inc. bought a new stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,346 shares of the company’s stock, valued at approximately $688,000.

A number of other large investors have also recently added to or reduced their stakes in the business. WFA of San Diego LLC acquired a new position in iShares California Muni Bond ETF in the second quarter worth approximately $26,000. Sherman Asset Management Inc. boosted its stake in shares of iShares California Muni Bond ETF by 5.1% during the 2nd quarter. Sherman Asset Management Inc. now owns 3,744 shares of the company’s stock worth $209,000 after acquiring an additional 181 shares in the last quarter. Sowell Financial Services LLC acquired a new position in shares of iShares California Muni Bond ETF in the 2nd quarter worth $214,000. Stordahl Capital Management Inc. raised its position in shares of iShares California Muni Bond ETF by 7.7% during the second quarter. Stordahl Capital Management Inc. now owns 3,956 shares of the company’s stock worth $221,000 after purchasing an additional 283 shares during the period. Finally, Rosenblum Silverman Sutton S F Inc. CA purchased a new stake in shares of iShares California Muni Bond ETF during the second quarter valued at $222,000.

iShares California Muni Bond ETF Trading Up 0.0%

NYSEARCA:CMF opened at $57.35 on Tuesday. The stock has a fifty day simple moving average of $57.44 and a 200 day simple moving average of $56.43. iShares California Muni Bond ETF has a 1-year low of $53.61 and a 1-year high of $57.70.

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.