Envestnet Portfolio Solutions Inc. Grows Stock Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

Envestnet Portfolio Solutions Inc. raised its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 12.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 204,743 shares of the company’s stock after acquiring an additional 22,438 shares during the quarter. Envestnet Portfolio Solutions Inc. owned 0.31% of iShares California Muni Bond ETF worth $11,523,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of iShares California Muni Bond ETF during the first quarter valued at about $31,000. Parkworth Wealth Management Inc. acquired a new stake in iShares California Muni Bond ETF during the 4th quarter valued at approximately $62,000. Creative Financial Designs Inc. ADV acquired a new stake in iShares California Muni Bond ETF during the 4th quarter valued at approximately $63,000. Continuum Advisory LLC purchased a new stake in iShares California Muni Bond ETF during the 4th quarter worth approximately $139,000. Finally, Bradley & Co. Private Wealth Management LLC acquired a new position in shares of iShares California Muni Bond ETF in the 4th quarter valued at approximately $184,000.

iShares California Muni Bond ETF Trading Down 0.1%

iShares California Muni Bond ETF stock opened at $55.46 on Friday. iShares California Muni Bond ETF has a 52 week low of $53.61 and a 52 week high of $58.18. The stock has a 50 day moving average of $55.46 and a 200-day moving average of $56.37.

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.