Twin Peaks Wealth Advisors LLC Takes $314,000 Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

Twin Peaks Wealth Advisors LLC bought a new stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 5,478 shares of the company’s stock, valued at approximately $314,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CMF. NorthCrest Asset Manangement LLC purchased a new position in iShares California Muni Bond ETF in the 3rd quarter valued at $366,000. PFG Investments LLC purchased a new position in iShares California Muni Bond ETF in the 3rd quarter valued at $202,000. Wealth Enhancement Advisory Services LLC lifted its holdings in iShares California Muni Bond ETF by 18.5% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 13,659 shares of the company’s stock valued at $794,000 after purchasing an additional 2,135 shares in the last quarter. Bristlecone Advisors LLC lifted its holdings in iShares California Muni Bond ETF by 3.9% in the 3rd quarter. Bristlecone Advisors LLC now owns 11,664 shares of the company’s stock valued at $678,000 after purchasing an additional 438 shares in the last quarter. Finally, a16z Perennial Management L.P. purchased a new position in iShares California Muni Bond ETF in the 3rd quarter valued at $13,154,000.

iShares California Muni Bond ETF Stock Performance

Shares of CMF stock opened at $57.06 on Tuesday. The stock’s fifty day moving average is $56.96 and its two-hundred day moving average is $57.42. iShares California Muni Bond ETF has a fifty-two week low of $56.32 and a fifty-two week high of $58.18.

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.