Liberty Capital Management Inc. Buys 228,088 Shares of iShares California Muni Bond ETF $CMF

Liberty Capital Management Inc. bought a new stake in iShares California Muni Bond ETF (NYSEARCA:CMF) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 228,088 shares of the company’s stock, valued at approximately $12,344,000. iShares California Muni Bond ETF makes up about 2.1% of Liberty Capital Management Inc.’s investment portfolio, making the stock its 8th largest holding. Liberty Capital Management Inc. owned about 0.24% of iShares California Muni Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in CMF. Kestra Advisory Services LLC grew its holdings in shares of iShares California Muni Bond ETF by 38.5% in the 3rd quarter. Kestra Advisory Services LLC now owns 25,613 shares of the company’s stock valued at $1,386,000 after acquiring an additional 7,119 shares in the last quarter. Commonwealth Equity Services LLC bought a new stake in iShares California Muni Bond ETF during the third quarter worth about $3,496,000. DeLarme Wealth Management Inc. raised its holdings in iShares California Muni Bond ETF by 5.7% during the third quarter. DeLarme Wealth Management Inc. now owns 7,335 shares of the company’s stock worth $397,000 after acquiring an additional 395 shares in the last quarter. Garde Capital Inc. acquired a new position in iShares California Muni Bond ETF during the third quarter valued at approximately $6,310,000. Finally, Gerber Kawasaki Wealth & Investment Management boosted its position in iShares California Muni Bond ETF by 2.9% during the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 102,884 shares of the company’s stock valued at $5,568,000 after purchasing an additional 2,946 shares during the last quarter.

iShares California Muni Bond ETF Price Performance

Shares of NYSEARCA CMF opened at $56.12 on Friday. The stock has a 50 day moving average price of $55.05 and a 200 day moving average price of $56.74. iShares California Muni Bond ETF has a 52 week low of $53.62 and a 52 week high of $58.44.

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. The Index is a subset of the S&P National AMT-Free Municipal Bond Index and is consists of municipal bonds issued in the State of California.