Ehrlich Financial Group Buys 3,304 Shares of iShares California Muni Bond ETF (NYSEARCA:CMF)

Ehrlich Financial Group increased its stake in iShares California Muni Bond ETF (NYSEARCA:CMF) by 3.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 95,820 shares of the company’s stock after purchasing an additional 3,304 shares during the period. iShares California Muni Bond ETF makes up 3.9% of Ehrlich Financial Group’s holdings, making the stock its 6th largest position. Ehrlich Financial Group’s holdings in iShares California Muni Bond ETF were worth $5,489,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. grew its holdings in shares of iShares California Muni Bond ETF by 37.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 13,245,170 shares of the company’s stock worth $769,677,000 after buying an additional 3,640,060 shares in the last quarter. FMR LLC lifted its position in shares of iShares California Muni Bond ETF by 4.6% in the third quarter. FMR LLC now owns 5,909,686 shares of the company’s stock worth $343,412,000 after purchasing an additional 261,806 shares in the last quarter. a16z Perennial Management L.P. acquired a new position in iShares California Muni Bond ETF during the third quarter worth $13,154,000. Bailard Inc. lifted its position in iShares California Muni Bond ETF by 19.3% during the 3rd quarter. Bailard Inc. now owns 849,445 shares of the company’s stock worth $49,361,000 after buying an additional 137,348 shares in the last quarter. Finally, NewEdge Advisors LLC raised its holdings in iShares California Muni Bond ETF by 551.1% during the second quarter. NewEdge Advisors LLC now owns 125,813 shares of the company’s stock worth $7,156,000 after acquiring an additional 106,490 shares in the last quarter.

iShares California Muni Bond ETF Trading Down 0.3 %

Shares of NYSEARCA CMF traded down $0.18 during trading hours on Monday, hitting $56.59. The company had a trading volume of 1,581,851 shares, compared to its average volume of 630,793. iShares California Muni Bond ETF has a 1-year low of $56.32 and a 1-year high of $58.18. The firm’s 50 day moving average is $57.43 and its 200-day moving average is $57.51.

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.