Alpha Cubed Investments LLC Purchases New Holdings in iShares California Muni Bond ETF (NYSEARCA:CMF)

Alpha Cubed Investments LLC acquired a new position in iShares California Muni Bond ETF (NYSEARCA:CMF) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 7,269 shares of the company’s stock, valued at approximately $422,000.

A number of other institutional investors have also recently bought and sold shares of CMF. LM Advisors LLC purchased a new position in shares of iShares California Muni Bond ETF in the 4th quarter worth about $1,000,000. Bell Investment Advisors Inc grew its position in shares of iShares California Muni Bond ETF by 4.3% during the 4th quarter. Bell Investment Advisors Inc now owns 50,846 shares of the company’s stock valued at $2,946,000 after acquiring an additional 2,099 shares during the period. EP Wealth Advisors LLC increased its stake in shares of iShares California Muni Bond ETF by 191.2% during the 4th quarter. EP Wealth Advisors LLC now owns 1,266,277 shares of the company’s stock worth $73,368,000 after purchasing an additional 831,444 shares during the last quarter. Fisher Asset Management LLC raised its holdings in shares of iShares California Muni Bond ETF by 22.1% in the 4th quarter. Fisher Asset Management LLC now owns 12,101 shares of the company’s stock worth $701,000 after purchasing an additional 2,191 shares during the period. Finally, SageView Advisory Group LLC purchased a new position in iShares California Muni Bond ETF in the fourth quarter valued at approximately $261,000.

iShares California Muni Bond ETF Price Performance

Shares of NYSEARCA CMF opened at $57.71 on Wednesday. The stock has a fifty day simple moving average of $57.79 and a two-hundred day simple moving average of $57.28. iShares California Muni Bond ETF has a 1-year low of $53.92 and a 1-year high of $58.18.

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.