Sovran Advisors LLC Invests $401,000 in iShares California Muni Bond ETF (NYSEARCA:CMF)

Sovran Advisors LLC bought a new position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,110 shares of the company’s stock, valued at approximately $401,000.

A number of other large investors have also recently bought and sold shares of the business. Alpha Financial Partners LLC purchased a new stake in shares of iShares California Muni Bond ETF in the third quarter valued at about $5,376,000. CWM LLC acquired a new position in iShares California Muni Bond ETF in the 3rd quarter valued at about $73,000. Creative Planning increased its position in iShares California Muni Bond ETF by 8.9% in the 3rd quarter. Creative Planning now owns 191,327 shares of the company’s stock valued at $11,118,000 after acquiring an additional 15,596 shares during the period. Client First Capital LLC grew its stake in shares of iShares California Muni Bond ETF by 1,474.5% in the 3rd quarter. Client First Capital LLC now owns 92,440 shares of the company’s stock valued at $5,372,000 after purchasing an additional 86,569 shares during the last quarter. Finally, Kowal Investment Group LLC grew its stake in shares of iShares California Muni Bond ETF by 4.6% in the 3rd quarter. Kowal Investment Group LLC now owns 46,818 shares of the company’s stock valued at $2,721,000 after purchasing an additional 2,051 shares during the last quarter.

iShares California Muni Bond ETF Trading Down 0.5 %

Shares of CMF stock opened at $56.66 on Thursday. The business’s 50 day moving average is $57.13 and its two-hundred day moving average is $57.46. iShares California Muni Bond ETF has a twelve month low of $56.32 and a twelve month high of $58.18.

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.