Strategic Financial Services Inc. Takes Position in iShares California Muni Bond ETF $CMF

Strategic Financial Services Inc. acquired a new stake in iShares California Muni Bond ETF (NYSEARCA:CMF) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 17,880 shares of the company’s stock, valued at approximately $1,036,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of CMF. WFA of San Diego LLC acquired a new position in iShares California Muni Bond ETF during the second quarter worth approximately $26,000. Rosenberg Matthew Hamilton acquired a new position in iShares California Muni Bond ETF during the fourth quarter worth approximately $30,000. Optima Capital LLC acquired a new position in iShares California Muni Bond ETF during the fourth quarter worth approximately $50,000. Founders Financial Alliance LLC acquired a new position in iShares California Muni Bond ETF during the third quarter worth approximately $58,000. Finally, Ares Financial Consulting LLC acquired a new position in iShares California Muni Bond ETF during the fourth quarter worth approximately $67,000.

iShares California Muni Bond ETF Stock Up 0.4%

Shares of CMF stock opened at $57.08 on Wednesday. iShares California Muni Bond ETF has a one year low of $55.13 and a one year high of $58.44. The company has a 50 day moving average price of $57.11 and a 200 day moving average price of $57.48.

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.