TIAA Trust National Association Decreases Stock Position in iShares California Muni Bond ETF $CMF

TIAA Trust National Association cut its stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 4.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 699,571 shares of the company’s stock after selling 32,457 shares during the quarter. TIAA Trust National Association owned 1.14% of iShares California Muni Bond ETF worth $39,903,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. WFA of San Diego LLC bought a new stake in iShares California Muni Bond ETF in the second quarter valued at approximately $26,000. Blue Trust Inc. purchased a new position in shares of iShares California Muni Bond ETF in the third quarter worth $40,000. Root Financial Partners LLC bought a new stake in iShares California Muni Bond ETF during the 3rd quarter valued at $44,000. Founders Financial Alliance LLC bought a new stake in iShares California Muni Bond ETF during the 3rd quarter valued at $58,000. Finally, CX Institutional purchased a new stake in iShares California Muni Bond ETF during the 3rd quarter valued at $63,000.

iShares California Muni Bond ETF Price Performance

Shares of iShares California Muni Bond ETF stock opened at $58.37 on Friday. The company’s fifty day simple moving average is $57.81 and its two-hundred day simple moving average is $57.26. iShares California Muni Bond ETF has a 12-month low of $53.61 and a 12-month high of $58.37.

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.