Dynamic Advisor Solutions LLC Decreases Position in iShares California Muni Bond ETF $CMF

Dynamic Advisor Solutions LLC lessened its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 62.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 9,646 shares of the company’s stock after selling 16,065 shares during the period. Dynamic Advisor Solutions LLC’s holdings in iShares California Muni Bond ETF were worth $554,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC increased its position 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 valued at $99,922,000 after acquiring an additional 760,870 shares in the last quarter. Bank of America Corp DE raised its holdings in iShares California Muni Bond ETF by 40.0% in the 3rd quarter. Bank of America Corp DE now owns 1,640,770 shares of the company’s stock worth $93,589,000 after acquiring an additional 468,664 shares during the last quarter. Bailard Inc. lifted its position in iShares California Muni Bond ETF by 6.7% in the 3rd quarter. Bailard Inc. now owns 1,434,753 shares of the company’s stock valued at $81,838,000 after acquiring an additional 89,922 shares in the last quarter. Facet Wealth Inc. lifted its position in iShares California Muni Bond ETF by 8.9% in the 3rd quarter. Facet Wealth Inc. now owns 1,392,789 shares of the company’s stock valued at $79,445,000 after acquiring an additional 114,076 shares in the last quarter. Finally, Mariner LLC boosted its stake in iShares California Muni Bond ETF by 6.0% during the 3rd quarter. Mariner LLC now owns 876,674 shares of the company’s stock valued at $50,000,000 after purchasing an additional 49,965 shares during the last quarter.

iShares California Muni Bond ETF Price Performance

iShares California Muni Bond ETF stock opened at $56.61 on Friday. The stock has a fifty day simple moving average of $57.76 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.

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.