iShares California Muni Bond ETF $CMF Shares Acquired by Navalign LLC

Navalign LLC increased its position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 7.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 200,894 shares of the company’s stock after purchasing an additional 13,782 shares during the quarter. iShares California Muni Bond ETF accounts for about 2.9% of Navalign LLC’s investment portfolio, making the stock its 11th largest holding. Navalign LLC’s holdings in iShares California Muni Bond ETF were worth $11,423,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in CMF. Affinity Capital Advisors LLC boosted its holdings in shares of iShares California Muni Bond ETF by 5.6% in the 4th quarter. Affinity Capital Advisors LLC now owns 269,594 shares of the company’s stock valued at $15,491,000 after buying an additional 14,208 shares during the period. Manhattan West Asset Management LLC raised its stake in iShares California Muni Bond ETF by 3.9% during the third quarter. Manhattan West Asset Management LLC now owns 350,973 shares of the company’s stock worth $20,020,000 after acquiring an additional 13,112 shares during the period. Sagespring Wealth Partners LLC bought a new position in iShares California Muni Bond ETF in the fourth quarter worth about $845,000. Farther Finance Advisors LLC lifted its holdings in iShares California Muni Bond ETF by 601.7% in the fourth quarter. Farther Finance Advisors LLC now owns 131,601 shares of the company’s stock worth $7,562,000 after acquiring an additional 112,846 shares during the last quarter. Finally, Values Added Financial LLC boosted its stake in iShares California Muni Bond ETF by 163.6% in the fourth quarter. Values Added Financial LLC now owns 33,665 shares of the company’s stock valued at $1,934,000 after acquiring an additional 20,895 shares during the period.

iShares California Muni Bond ETF Stock Down 0.2%

NYSEARCA:CMF opened at $57.48 on Wednesday. The stock has a 50 day moving average of $57.28 and a 200-day moving average of $57.47. iShares California Muni Bond ETF has a 52 week low of $55.13 and a 52 week high of $58.44.

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.