Hennion & Walsh Asset Management Inc. Takes Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

Hennion & Walsh Asset Management Inc. purchased a new position in iShares California Muni Bond ETF (NYSEARCA:CMF) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 4,462 shares of the company’s stock, valued at approximately $256,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ballast Advisors LLC acquired a new position in shares of iShares California Muni Bond ETF during the 3rd quarter worth about $29,000. CWM LLC purchased a new stake in iShares California Muni Bond ETF during the 3rd quarter worth approximately $73,000. Larson Financial Group LLC raised its holdings in shares of iShares California Muni Bond ETF by 100.0% during the third quarter. Larson Financial Group LLC now owns 1,500 shares of the company’s stock valued at $87,000 after acquiring an additional 750 shares during the last quarter. PFG Investments LLC purchased a new position in shares of iShares California Muni Bond ETF in the third quarter valued at approximately $202,000. Finally, Watts Gwilliam & Co. LLC acquired a new stake in shares of iShares California Muni Bond ETF in the fourth quarter worth approximately $235,000.

iShares California Muni Bond ETF Trading Up 0.1 %

Shares of CMF opened at $56.83 on Wednesday. The stock has a 50 day moving average price of $57.36 and a 200 day moving average price of $57.49. iShares California Muni Bond ETF has a one year low of $56.32 and a one year 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.