Merriman Wealth Management LLC Lowers Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

Merriman Wealth Management LLC trimmed its position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 7.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,208 shares of the company’s stock after selling 1,593 shares during the quarter. Merriman Wealth Management LLC’s holdings in iShares California Muni Bond ETF were worth $1,149,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Boltwood Capital Management boosted its holdings in shares of iShares California Muni Bond ETF by 0.8% in the 1st quarter. Boltwood Capital Management now owns 24,560 shares of the company’s stock worth $1,413,000 after buying an additional 185 shares during the last quarter. GAMMA Investing LLC boosted its stake in iShares California Muni Bond ETF by 32.3% in the first quarter. GAMMA Investing LLC now owns 790 shares of the company’s stock valued at $45,000 after acquiring an additional 193 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of iShares California Muni Bond ETF by 2.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 9,767 shares of the company’s stock valued at $562,000 after acquiring an additional 203 shares during the period. Northeast Financial Group Inc. lifted its position in shares of iShares California Muni Bond ETF by 3.2% during the 2nd quarter. Northeast Financial Group Inc. now owns 6,719 shares of the company’s stock valued at $382,000 after buying an additional 210 shares during the last quarter. Finally, True Link Financial Advisors LLC lifted its stake in shares of iShares California Muni Bond ETF by 2.4% during the 2nd quarter. True Link Financial Advisors LLC now owns 10,550 shares of the company’s stock valued at $600,000 after buying an additional 250 shares in the last quarter.

iShares California Muni Bond ETF Price Performance

NYSEARCA:CMF opened at $58.04 on Friday. The business’s 50-day moving average price is $57.63 and its two-hundred day moving average price is $57.27. iShares California Muni Bond ETF has a twelve month low of $53.92 and a twelve month high of $58.12.

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.