Affinity Capital Advisors LLC Raises Stake in iShares California Muni Bond ETF $CMF

Affinity Capital Advisors LLC raised its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 5.6% during the fourth quarter, Holdings Channel reports. The fund owned 269,594 shares of the company’s stock after buying an additional 14,208 shares during the period. iShares California Muni Bond ETF comprises about 2.1% of Affinity Capital Advisors LLC’s investment portfolio, making the stock its 14th biggest position. Affinity Capital Advisors LLC’s holdings in iShares California Muni Bond ETF were worth $15,491,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Jane Street Group LLC boosted its stake in shares of iShares California Muni Bond ETF by 73.7% in the 2nd quarter. Jane Street Group LLC now owns 1,792,639 shares of the company’s stock valued at $99,922,000 after purchasing an additional 760,870 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of iShares California Muni Bond ETF by 40.0% during the 3rd quarter. Bank of America Corp DE now owns 1,640,770 shares of the company’s stock valued at $93,589,000 after purchasing an additional 468,664 shares during the last quarter. Rinkey Investments raised its position in iShares California Muni Bond ETF by 177.0% in the 2nd quarter. Rinkey Investments now owns 244,258 shares of the company’s stock worth $13,615,000 after purchasing an additional 156,087 shares during the period. Wedmont Private Capital purchased a new position in iShares California Muni Bond ETF in the 3rd quarter worth $8,170,000. Finally, Captrust Financial Advisors lifted its stake in iShares California Muni Bond ETF by 66.7% in the second quarter. Captrust Financial Advisors now owns 342,904 shares of the company’s stock worth $19,113,000 after purchasing an additional 137,264 shares during the last quarter.

iShares California Muni Bond ETF Stock Performance

NYSEARCA CMF opened at $56.81 on Monday. The company has a 50-day simple moving average of $57.84 and a two-hundred day simple moving average of $57.49. iShares California Muni Bond ETF has a 12-month low of $53.61 and a 12-month high of $58.44.

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.