Fifth Third Bancorp Takes Position in iShares California Muni Bond ETF $CMF

Fifth Third Bancorp purchased a new position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 70,004 shares of the company’s stock, valued at approximately $3,980,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Sherman Asset Management Inc. increased its holdings in iShares California Muni Bond ETF by 5.1% in the 2nd quarter. Sherman Asset Management Inc. now owns 3,744 shares of the company’s stock worth $209,000 after acquiring an additional 181 shares in the last quarter. Traveka Wealth LLC lifted its stake in shares of iShares California Muni Bond ETF by 0.3% in the 4th quarter. Traveka Wealth LLC now owns 63,533 shares of the company’s stock valued at $3,651,000 after purchasing an additional 186 shares during the last quarter. GAMMA Investing LLC lifted its stake in iShares California Muni Bond ETF by 4.3% during the fourth quarter. GAMMA Investing LLC now owns 5,150 shares of the company’s stock worth $296,000 after purchasing an additional 211 shares in the last quarter. Orion Porfolio Solutions LLC increased its stake in iShares California Muni Bond ETF by 6.6% during the 4th quarter. Orion Porfolio Solutions LLC now owns 3,751 shares of the company’s stock worth $216,000 after buying an additional 233 shares during the period. Finally, Trilogy Capital Inc. grew its stake in iShares California Muni Bond ETF by 3.9% during the 4th quarter. Trilogy Capital Inc. now owns 6,315 shares of the company’s stock worth $363,000 after purchasing an additional 237 shares in the last quarter.

iShares California Muni Bond ETF Stock Down 0.0%

NYSEARCA:CMF opened at $57.11 on Friday. iShares California Muni Bond ETF has a 1 year low of $55.13 and a 1 year high of $58.44. The stock has a 50-day simple moving average of $57.27 and a 200-day simple moving average of $57.46.

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.