Columbia Bank Grows Position in iShares California Muni Bond ETF $CMF

Columbia Bank boosted its stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 14.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 69,701 shares of the company’s stock after purchasing an additional 8,650 shares during the period. iShares California Muni Bond ETF makes up approximately 1.1% of Columbia Bank’s portfolio, making the stock its 17th biggest holding. Columbia Bank owned approximately 0.11% of iShares California Muni Bond ETF worth $3,997,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. WFA of San Diego LLC acquired a new stake in shares of iShares California Muni Bond ETF during the 2nd quarter worth $26,000. Blue Trust Inc. acquired a new stake in iShares California Muni Bond ETF during the third quarter worth about $40,000. Root Financial Partners LLC acquired a new stake in iShares California Muni Bond ETF during the third quarter worth about $44,000. CX Institutional purchased a new position in shares of iShares California Muni Bond ETF in the 3rd quarter worth about $63,000. Finally, Golden State Equity Partners acquired a new position in shares of iShares California Muni Bond ETF in the 3rd quarter valued at about $202,000.

iShares California Muni Bond ETF Trading Up 0.2%

Shares of NYSEARCA:CMF opened at $58.11 on Friday. The stock has a 50-day simple moving average of $57.64 and a 200-day simple moving average of $57.08. iShares California Muni Bond ETF has a 1 year low of $53.61 and a 1 year high of $58.13.

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.