WESPAC Advisors SoCal LLC Makes New $1.39 Million Investment in iShares California Muni Bond ETF $CMF

WESPAC Advisors SoCal LLC acquired a new position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) during the 3rd quarter, HoldingsChannel.com reports. The firm acquired 24,386 shares of the company’s stock, valued at approximately $1,391,000.

Other hedge funds have also recently bought and sold shares of the company. WFA of San Diego LLC bought a new stake in shares of iShares California Muni Bond ETF during the second quarter worth $26,000. Blue Trust Inc. acquired a new stake in iShares California Muni Bond ETF in the third quarter worth about $40,000. Golden State Equity Partners bought a new stake in iShares California Muni Bond ETF during the 3rd quarter worth about $202,000. Tlwm bought a new stake in iShares California Muni Bond ETF during the 3rd quarter worth about $203,000. Finally, Sherman Asset Management Inc. boosted its stake in shares of iShares California Muni Bond ETF by 5.1% in the 2nd quarter. Sherman Asset Management Inc. now owns 3,744 shares of the company’s stock valued at $209,000 after purchasing an additional 181 shares during the last quarter.

iShares California Muni Bond ETF Trading Up 0.1%

Shares of iShares California Muni Bond ETF stock opened at $57.50 on Monday. The firm has a fifty day moving average of $57.45 and a two-hundred day moving average of $56.62. iShares California Muni Bond ETF has a 52 week low of $53.61 and a 52 week high of $57.70.

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. The Index is a subset of the S&P National AMT-Free Municipal Bond Index and is consists of municipal bonds issued in the State of California.