Slow Capital Inc. Has $13.24 Million Stake in iShares California Muni Bond ETF $CMF

Slow Capital Inc. lowered its holdings in iShares California Muni Bond ETF (NYSEARCA:CMF) by 12.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 232,090 shares of the company’s stock after selling 33,847 shares during the period. iShares California Muni Bond ETF comprises about 1.6% of Slow Capital Inc.’s portfolio, making the stock its 14th largest holding. Slow Capital Inc. owned 0.38% of iShares California Muni Bond ETF worth $13,238,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. WFA of San Diego LLC acquired a new position in shares of iShares California Muni Bond ETF during the 2nd quarter worth about $26,000. Blue Trust Inc. bought a new stake in iShares California Muni Bond ETF during the third quarter worth about $40,000. CX Institutional bought a new stake in iShares California Muni Bond ETF during the third quarter worth about $63,000. Golden State Equity Partners acquired a new position in iShares California Muni Bond ETF during the third quarter valued at approximately $202,000. Finally, Tlwm bought a new position in iShares California Muni Bond ETF in the third quarter valued at approximately $203,000.

iShares California Muni Bond ETF Trading Down 0.0%

Shares of iShares California Muni Bond ETF stock opened at $57.85 on Tuesday. iShares California Muni Bond ETF has a 12-month low of $53.61 and a 12-month high of $57.93. The business’s 50 day moving average is $57.52 and its 200-day moving average is $56.79.

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.