Sanchez Wealth Management Group Invests $382,000 in iShares California Muni Bond ETF (NYSEARCA:CMF)

Sanchez Wealth Management Group bought a new stake in iShares California Muni Bond ETF (NYSEARCA:CMF) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 6,665 shares of the company’s stock, valued at approximately $382,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Golden State Wealth Management LLC bought a new position in shares of iShares California Muni Bond ETF in the fourth quarter valued at about $415,000. Ledyard National Bank acquired a new position in iShares California Muni Bond ETF in the 4th quarter valued at about $344,000. WESPAC Advisors SoCal LLC lifted its position in iShares California Muni Bond ETF by 49.5% during the fourth quarter. WESPAC Advisors SoCal LLC now owns 7,857 shares of the company’s stock worth $450,000 after acquiring an additional 2,601 shares during the last quarter. Leisure Capital Management boosted its holdings in shares of iShares California Muni Bond ETF by 287.2% during the fourth quarter. Leisure Capital Management now owns 24,353 shares of the company’s stock worth $1,395,000 after acquiring an additional 18,063 shares during the period. Finally, Catalina Capital Group LLC grew its position in shares of iShares California Muni Bond ETF by 41.2% in the fourth quarter. Catalina Capital Group LLC now owns 7,363 shares of the company’s stock valued at $422,000 after purchasing an additional 2,147 shares during the last quarter.

iShares California Muni Bond ETF Trading Down 0.1 %

Shares of NYSEARCA CMF opened at $56.93 on Friday. The business’s 50 day moving average is $57.19 and its 200-day moving average is $57.46. iShares California Muni Bond ETF has a 1-year low of $56.32 and a 1-year high of $58.18.

iShares California Muni Bond ETF 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.