Gerber Kawasaki Wealth & Investment Management Sells 8,828 Shares of iShares California Muni Bond ETF $CMF

Gerber Kawasaki Wealth & Investment Management trimmed its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 17.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 41,114 shares of the company’s stock after selling 8,828 shares during the period. Gerber Kawasaki Wealth & Investment Management owned about 0.06% of iShares California Muni Bond ETF worth $2,362,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in CMF. Wealthfront Advisers LLC lifted its stake in shares of iShares California Muni Bond ETF by 29.1% in the 4th quarter. Wealthfront Advisers LLC now owns 5,109,731 shares of the company’s stock valued at $293,605,000 after purchasing an additional 1,151,376 shares during the period. Jane Street Group LLC lifted 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 during the period. Bank of America Corp DE raised its stake in 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 worth $93,589,000 after buying an additional 468,664 shares during the period. Axxcess Wealth Management LLC acquired a new stake in iShares California Muni Bond ETF during the 4th quarter worth $11,256,000. Finally, Captrust Financial Advisors raised its stake in iShares California Muni Bond ETF by 66.7% during the 2nd quarter. Captrust Financial Advisors now owns 342,904 shares of the company’s stock worth $19,113,000 after buying an additional 137,264 shares during the period.

iShares California Muni Bond ETF Stock Down 0.0%

Shares of iShares California Muni Bond ETF stock opened at $57.31 on Friday. iShares California Muni Bond ETF has a 12 month low of $55.13 and a 12 month high of $58.44. The stock’s fifty day simple moving average is $57.20 and its 200 day simple moving average is $57.46.

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.