Traveka Wealth LLC Decreases Stake in iShares California Muni Bond ETF $CMF

Traveka Wealth LLC lowered its position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 21.8% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 49,688 shares of the company’s stock after selling 13,845 shares during the quarter. iShares California Muni Bond ETF accounts for approximately 1.1% of Traveka Wealth LLC’s investment portfolio, making the stock its 24th biggest holding. Traveka Wealth LLC owned 0.07% of iShares California Muni Bond ETF worth $2,825,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CMF. WFA of San Diego LLC bought a new stake in iShares California Muni Bond ETF during the second quarter worth $26,000. Rosenberg Matthew Hamilton bought a new position in iShares California Muni Bond ETF in the 4th quarter valued at $30,000. Optima Capital LLC bought a new position in iShares California Muni Bond ETF in the 4th quarter valued at $50,000. Ares Financial Consulting LLC bought a new position in iShares California Muni Bond ETF in the 4th quarter valued at $67,000. Finally, Richards Merrill & Peterson Inc. purchased a new stake in shares of iShares California Muni Bond ETF during the 4th quarter valued at $70,000.

iShares California Muni Bond ETF Trading Up 0.1%

NYSEARCA CMF opened at $57.60 on Friday. iShares California Muni Bond ETF has a one year low of $55.13 and a one year high of $58.44. The business’s fifty day moving average is $57.26 and its 200-day moving average is $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.