Pacific Capital Wealth Advisors Inc. Trims Holdings in iShares California Muni Bond ETF (NYSEARCA:CMF)

Pacific Capital Wealth Advisors Inc. cut its holdings in iShares California Muni Bond ETF (NYSEARCA:CMF) by 13.5% during the fourth quarter, HoldingsChannel reports. The firm owned 28,213 shares of the company’s stock after selling 4,404 shares during the period. Pacific Capital Wealth Advisors Inc.’s holdings in iShares California Muni Bond ETF were worth $1,616,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Ballast Advisors LLC acquired a new stake in shares of iShares California Muni Bond ETF during the 3rd quarter valued at approximately $29,000. CWM LLC acquired a new position in iShares California Muni Bond ETF during the third quarter worth $73,000. Larson Financial Group LLC boosted its position in 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 worth $87,000 after purchasing an additional 750 shares in the last quarter. PFG Investments LLC acquired a new stake in iShares California Muni Bond ETF in the third quarter valued at $202,000. Finally, Watts Gwilliam & Co. LLC purchased a new position in shares of iShares California Muni Bond ETF in the fourth quarter valued at $235,000.

iShares California Muni Bond ETF Trading Up 0.4 %

iShares California Muni Bond ETF stock opened at $57.03 on Tuesday. iShares California Muni Bond ETF has a 52 week low of $56.32 and a 52 week high of $58.18. The firm’s 50-day simple moving average is $57.31 and its 200 day simple moving average is $57.49.

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.