RiverFront Investment Group LLC Sells 1,723 Shares of iShares California Muni Bond ETF (NYSEARCA:CMF)

RiverFront Investment Group LLC decreased its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 17.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,029 shares of the company’s stock after selling 1,723 shares during the quarter. RiverFront Investment Group LLC’s holdings in iShares California Muni Bond ETF were worth $457,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Charles Schwab Investment Advisory Inc. raised its position in iShares California Muni Bond ETF by 5.5% in the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 9,582,583 shares of the company’s stock valued at $551,382,000 after buying an additional 498,699 shares during the last quarter. EP Wealth Advisors LLC grew its stake in shares of iShares California Muni Bond ETF by 0.9% during the 2nd quarter. EP Wealth Advisors LLC now owns 1,273,710 shares of the company’s stock worth $72,449,000 after acquiring an additional 11,062 shares in the last quarter. Bailard Inc. raised its holdings in shares of iShares California Muni Bond ETF by 7.5% in the second quarter. Bailard Inc. now owns 712,097 shares of the company’s stock valued at $40,504,000 after purchasing an additional 49,388 shares during the last quarter. TIAA Trust National Association lifted its position in shares of iShares California Muni Bond ETF by 0.9% in the second quarter. TIAA Trust National Association now owns 647,570 shares of the company’s stock worth $36,834,000 after purchasing an additional 5,990 shares in the last quarter. Finally, First Foundation Advisors lifted its position in shares of iShares California Muni Bond ETF by 1.0% in the second quarter. First Foundation Advisors now owns 561,734 shares of the company’s stock worth $31,951,000 after purchasing an additional 5,310 shares in the last quarter.

iShares California Muni Bond ETF Stock Up 0.2 %

iShares California Muni Bond ETF stock opened at $58.09 on Wednesday. iShares California Muni Bond ETF has a 1-year low of $53.92 and a 1-year high of $58.18. The company has a fifty day simple moving average of $57.74 and a 200 day simple moving average of $57.27.

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.