Miracle Mile Advisors LLC Has $6.74 Million Stock Holdings in iShares California Muni Bond ETF (NYSEARCA:CMF)

Miracle Mile Advisors LLC cut its position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 1.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 119,835 shares of the company’s stock after selling 2,275 shares during the period. Miracle Mile Advisors LLC owned 0.18% of iShares California Muni Bond ETF worth $6,744,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Asset Planning Inc acquired a new position in shares of iShares California Muni Bond ETF during the 4th quarter worth about $40,000. Parkworth Wealth Management Inc. acquired a new position in shares of iShares California Muni Bond ETF during the 4th quarter worth about $62,000. Creative Financial Designs Inc. ADV acquired a new position in shares of iShares California Muni Bond ETF during the 4th quarter worth about $63,000. Angeles Wealth Management LLC increased its stake in shares of iShares California Muni Bond ETF by 209.1% during the 4th quarter. Angeles Wealth Management LLC now owns 1,802 shares of the company’s stock worth $103,000 after purchasing an additional 1,219 shares during the last quarter. Finally, Continuum Advisory LLC acquired a new position in shares of iShares California Muni Bond ETF during the 4th quarter worth about $139,000.

iShares California Muni Bond ETF Stock Performance

iShares California Muni Bond ETF stock opened at $55.17 on Friday. The company’s 50-day moving average is $55.46 and its 200-day moving average is $56.50. iShares California Muni Bond ETF has a fifty-two week low of $53.61 and a fifty-two week 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.