Choreo LLC Lowers Holdings in iShares California Muni Bond ETF (NYSEARCA:CMF)

Choreo LLC reduced its stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 4.2% in the 4th quarter, Holdings Channel reports. The fund owned 103,029 shares of the company’s stock after selling 4,465 shares during the period. Choreo LLC’s holdings in iShares California Muni Bond ETF were worth $5,902,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. grew its stake in shares of iShares California Muni Bond ETF by 37.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 13,245,170 shares of the company’s stock worth $769,677,000 after purchasing an additional 3,640,060 shares during the period. FMR LLC boosted its holdings in iShares California Muni Bond ETF by 4.6% during the third quarter. FMR LLC now owns 5,909,686 shares of the company’s stock worth $343,412,000 after buying an additional 261,806 shares in the last quarter. EP Wealth Advisors LLC grew its position in iShares California Muni Bond ETF by 2.8% during the third quarter. EP Wealth Advisors LLC now owns 1,309,215 shares of the company’s stock valued at $76,078,000 after buying an additional 35,505 shares during the period. Bailard Inc. increased its holdings in iShares California Muni Bond ETF by 19.3% in the third quarter. Bailard Inc. now owns 849,445 shares of the company’s stock valued at $49,361,000 after buying an additional 137,348 shares in the last quarter. Finally, Brio Consultants LLC raised its position in shares of iShares California Muni Bond ETF by 0.9% in the fourth quarter. Brio Consultants LLC now owns 411,854 shares of the company’s stock worth $23,591,000 after acquiring an additional 3,534 shares during the period.

iShares California Muni Bond ETF Price Performance

CMF stock opened at $57.07 on Thursday. iShares California Muni Bond ETF has a 52-week low of $56.32 and a 52-week high of $58.18. The company’s 50-day simple moving average is $57.22 and its 200-day simple moving average is $57.47.

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.