iShares California Muni Bond ETF (NYSEARCA:CMF) Reaches New 12-Month High at $61.71

iShares California Muni Bond ETF (NYSEARCA:CMF) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $61.71 and last traded at $61.72, with a volume of 1652 shares trading hands. The stock had previously closed at $61.52.

The stock’s 50-day moving average price is $60.91.

Large investors have recently added to or reduced their stakes in the business. Bailard Inc. grew its stake in shares of iShares California Muni Bond ETF by 7.2% in the first quarter. Bailard Inc. now owns 352,620 shares of the company’s stock worth $21,013,000 after acquiring an additional 23,633 shares during the period. Parallel Advisors LLC grew its position in iShares California Muni Bond ETF by 89.1% during the first quarter. Parallel Advisors LLC now owns 14,320 shares of the company’s stock valued at $853,000 after buying an additional 6,747 shares during the period. Omega Financial Group LLC grew its position in iShares California Muni Bond ETF by 6.5% during the first quarter. Omega Financial Group LLC now owns 19,400 shares of the company’s stock valued at $1,156,000 after buying an additional 1,187 shares during the period. Mercer Global Advisors Inc. ADV purchased a new position in iShares California Muni Bond ETF during the first quarter valued at approximately $519,000. Finally, Summit Wealth & Retirement Planning Inc. lifted its holdings in iShares California Muni Bond ETF by 43.2% during the first quarter. Summit Wealth & Retirement Planning Inc. now owns 20,063 shares of the company’s stock valued at $1,196,000 after purchasing an additional 6,050 shares in the last quarter.

iShares California Muni Bond ETF Company Profile (NYSEARCA:CMF)

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.

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