LPL Financial LLC Has $39.26 Million Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

LPL Financial LLC cut its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 3.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 690,258 shares of the company’s stock after selling 25,945 shares during the quarter. LPL Financial LLC owned about 1.42% of iShares California Muni Bond ETF worth $39,262,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Angeles Wealth Management LLC increased its holdings in shares of iShares California Muni Bond ETF by 107.5% during the 2nd quarter. Angeles Wealth Management LLC now owns 583 shares of the company’s stock worth $33,000 after acquiring an additional 302 shares during the last quarter. Aptus Capital Advisors LLC acquired a new position in shares of iShares California Muni Bond ETF during the 2nd quarter worth approximately $40,000. Rothschild Investment LLC acquired a new position in shares of iShares California Muni Bond ETF during the 2nd quarter worth approximately $43,000. Larson Financial Group LLC acquired a new position in shares of iShares California Muni Bond ETF during the 2nd quarter worth approximately $43,000. Finally, GAMMA Investing LLC increased its holdings in shares of iShares California Muni Bond ETF by 32.3% during the 1st quarter. GAMMA Investing LLC now owns 790 shares of the company’s stock worth $45,000 after acquiring an additional 193 shares during the last quarter.

iShares California Muni Bond ETF Stock Up 0.2 %

Shares of NYSEARCA CMF opened at $58.02 on Monday. The stock’s fifty day moving average price is $57.54 and its two-hundred day moving average price is $57.25. iShares California Muni Bond ETF has a one year low of $53.92 and a one year high of $58.09.

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.