iShares California Muni Bond ETF (CMF) Shares Bought by Citigroup Inc.

Citigroup Inc. lifted its position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 58.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,975 shares of the company’s stock after purchasing an additional 7,362 shares during the period. Citigroup Inc. owned about 0.11% of iShares California Muni Bond ETF worth $1,167,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Watermark Asset Management Inc. increased its position in shares of iShares California Muni Bond ETF by 430.8% during the fourth quarter. Watermark Asset Management Inc. now owns 483 shares of the company’s stock worth $28,000 after purchasing an additional 392 shares in the last quarter. FMR LLC acquired a new stake in shares of iShares California Muni Bond ETF during the third quarter worth about $146,000. Gemmer Asset Management LLC purchased a new position in shares of iShares California Muni Bond ETF during the fourth quarter worth about $174,000. Main Management LLC purchased a new position in shares of iShares California Muni Bond ETF during the fourth quarter worth about $176,000. Finally, Opes Advisors Inc purchased a new position in shares of iShares California Muni Bond ETF during the fourth quarter worth about $201,000.

NYSEARCA CMF opened at $58.99 on Friday. iShares California Muni Bond ETF has a 52-week low of $56.90 and a 52-week high of $58.99.

The business also recently declared a monthly dividend, which was paid on Thursday, March 7th. Investors of record on Monday, March 4th were issued a dividend of $0.1109 per share. The ex-dividend date was Friday, March 1st. This represents a $1.33 dividend on an annualized basis and a dividend yield of 2.26%. This is a positive change from iShares California Muni Bond ETF’s previous monthly dividend of $0.11.

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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.

Further Reading: How Buying a Call Option Works

Want to see what other hedge funds are holding CMF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares California Muni Bond ETF (NYSEARCA:CMF).

Institutional Ownership by Quarter for iShares California Muni Bond ETF (NYSEARCA:CMF)

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