JPMorgan Chase & Co. Boosts Stake in iShares California Muni Bond ETF (NYSEARCA:CMF)

JPMorgan Chase & Co. raised its holdings in iShares California Muni Bond ETF (NYSEARCA:CMF) by 15.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 411,303 shares of the company’s stock after acquiring an additional 53,700 shares during the period. JPMorgan Chase & Co. owned approximately 0.84% of iShares California Muni Bond ETF worth $23,901,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of CMF. B. Riley Wealth Advisors Inc. grew its stake in iShares California Muni Bond ETF by 28.1% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 5,639 shares of the company’s stock worth $328,000 after buying an additional 1,236 shares in the last quarter. Destination Wealth Management lifted its holdings in shares of iShares California Muni Bond ETF by 7.0% during the 3rd quarter. Destination Wealth Management now owns 14,310 shares of the company’s stock worth $832,000 after acquiring an additional 934 shares during the last quarter. Sanctuary Advisors LLC grew its position in iShares California Muni Bond ETF by 43.3% in the third quarter. Sanctuary Advisors LLC now owns 92,946 shares of the company’s stock worth $5,350,000 after acquiring an additional 28,104 shares in the last quarter. McIlrath & Eck LLC increased its stake in iShares California Muni Bond ETF by 13.7% in the third quarter. McIlrath & Eck LLC now owns 29,140 shares of the company’s stock valued at $1,693,000 after acquiring an additional 3,511 shares during the last quarter. Finally, MML Investors Services LLC raised its position in iShares California Muni Bond ETF by 18.8% during the third quarter. MML Investors Services LLC now owns 63,924 shares of the company’s stock valued at $3,715,000 after purchasing an additional 10,111 shares in the last quarter.

iShares California Muni Bond ETF Stock Down 0.2 %

Shares of CMF stock opened at $56.96 on Thursday. The business has a 50-day moving average price of $57.44 and a two-hundred day moving average price of $57.51. iShares California Muni Bond ETF has a 12-month low of $56.32 and a 12-month high of $58.18.

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.