38,383 Shares in iShares California Muni Bond ETF $CMF Bought by Lido Advisors LLC

Lido Advisors LLC purchased a new stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 38,383 shares of the company’s stock, valued at approximately $2,077,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Altiora Financial Group LLC bought a new stake in shares of iShares California Muni Bond ETF in the 3rd quarter worth $2,387,000. AlphaCore Capital LLC lifted its holdings in shares of iShares California Muni Bond ETF by 160.6% in the third quarter. AlphaCore Capital LLC now owns 3,430 shares of the company’s stock valued at $186,000 after buying an additional 2,114 shares during the period. Avantax Planning Partners Inc. acquired a new stake in shares of iShares California Muni Bond ETF in the third quarter valued at $1,246,000. Brighton Jones LLC bought a new position in iShares California Muni Bond ETF during the third quarter valued at about $624,000. Finally, StoneX Group Inc. bought a new position in iShares California Muni Bond ETF during the third quarter valued at about $443,000.

iShares California Muni Bond ETF Price Performance

NYSEARCA:CMF traded down $0.17 during mid-day trading on Friday, reaching $55.61. 1,358,072 shares of the stock were exchanged, compared to its average volume of 906,213. The business has a fifty day moving average price of $55.05 and a 200 day moving average price of $56.68. iShares California Muni Bond ETF has a 1-year low of $53.62 and a 1-year 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.