Facet Wealth Inc. Grows Position in iShares California Muni Bond ETF $CMF

Facet Wealth Inc. raised its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 8.9% during the third quarter, HoldingsChannel reports. The firm owned 1,392,789 shares of the company’s stock after buying an additional 114,076 shares during the quarter. iShares California Muni Bond ETF accounts for 1.6% of Facet Wealth Inc.’s holdings, making the stock its 16th biggest position. Facet Wealth Inc.’s holdings in iShares California Muni Bond ETF were worth $79,445,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Jane Street Group LLC grew its stake in shares of iShares California Muni Bond ETF by 73.7% during the second quarter. Jane Street Group LLC now owns 1,792,639 shares of the company’s stock worth $99,922,000 after purchasing an additional 760,870 shares in the last quarter. Bailard Inc. lifted its holdings in iShares California Muni Bond ETF by 6.7% during the 3rd quarter. Bailard Inc. now owns 1,434,753 shares of the company’s stock worth $81,838,000 after buying an additional 89,922 shares during the last quarter. TIAA Trust National Association boosted its position in shares of iShares California Muni Bond ETF by 31.5% during the 2nd quarter. TIAA Trust National Association now owns 732,028 shares of the company’s stock worth $40,803,000 after acquiring an additional 175,539 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares California Muni Bond ETF by 10.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 519,514 shares of the company’s stock valued at $28,958,000 after acquiring an additional 50,276 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of iShares California Muni Bond ETF by 5.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 519,217 shares of the company’s stock worth $28,941,000 after acquiring an additional 26,680 shares in the last quarter.

iShares California Muni Bond ETF Stock Performance

CMF stock opened at $57.74 on Friday. The business has a 50 day moving average price of $57.52 and a 200 day moving average price of $56.82. iShares California Muni Bond ETF has a fifty-two week low of $53.61 and a fifty-two week high of $57.93.

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. 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.