Plancorp LLC Makes New Investment in iShares California Muni Bond ETF $CMF

Plancorp LLC bought a new position in iShares California Muni Bond ETF (NYSEARCA:CMF) in the 3rd quarter, Holdings Channel.com reports. The firm bought 159,022 shares of the company’s stock, valued at approximately $8,873,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wealthfront Advisers LLC grew its holdings in iShares California Muni Bond ETF by 21.3% during the 1st quarter. Wealthfront Advisers LLC now owns 6,199,721 shares of the company’s stock valued at $352,516,000 after purchasing an additional 1,089,990 shares in the last quarter. Liberty Capital Management Inc. acquired a new stake in iShares California Muni Bond ETF in the third quarter valued at $12,344,000. Cliftonlarsonallen Wealth Advisors LLC bought a new position in iShares California Muni Bond ETF during the 3rd quarter valued at $9,490,000. Garde Capital Inc. acquired a new position in iShares California Muni Bond ETF during the 3rd quarter worth $6,310,000. Finally, Wedmont Private Capital grew its holdings in iShares California Muni Bond ETF by 70.8% during the 3rd quarter. Wedmont Private Capital now owns 242,626 shares of the company’s stock worth $13,102,000 after acquiring an additional 100,574 shares in the last quarter.

iShares California Muni Bond ETF Price Performance

Shares of CMF traded up $0.16 during midday trading on Friday, hitting $56.28. The company had a trading volume of 1,510,495 shares, compared to its average volume of 894,289. The company’s 50 day moving average price is $55.05 and its 200 day moving average price is $56.73. iShares California Muni Bond ETF has a 52 week low of $53.62 and a 52 week high of $58.44.

iShares California Muni Bond ETF Company 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.