Bailard Inc. Purchases 213,617 Shares of iShares California Muni Bond ETF (NYSEARCA:CMF)

Bailard Inc. raised its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 25.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,063,062 shares of the company’s stock after buying an additional 213,617 shares during the quarter. iShares California Muni Bond ETF comprises about 1.6% of Bailard Inc.’s holdings, making the stock its 13th largest position. Bailard Inc. owned about 2.18% of iShares California Muni Bond ETF worth $60,892,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Wealthspire Advisors LLC raised its stake in shares of iShares California Muni Bond ETF by 4.6% in the fourth quarter. Wealthspire Advisors LLC now owns 23,561 shares of the company’s stock valued at $1,350,000 after buying an additional 1,044 shares during the period. JPMorgan Chase & Co. grew its position in shares of iShares California Muni Bond ETF by 15.0% in the third quarter. JPMorgan Chase & Co. now owns 411,303 shares of the company’s stock valued at $23,901,000 after purchasing an additional 53,700 shares in the last quarter. Stifel Financial Corp grew its position in shares of iShares California Muni Bond ETF by 27.2% in the third quarter. Stifel Financial Corp now owns 17,202 shares of the company’s stock valued at $1,000,000 after purchasing an additional 3,681 shares in the last quarter. Hennion & Walsh Asset Management Inc. purchased a new position in shares of iShares California Muni Bond ETF in the fourth quarter valued at $256,000. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of iShares California Muni Bond ETF by 54.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 21,040 shares of the company’s stock valued at $1,223,000 after purchasing an additional 7,381 shares in the last quarter.

iShares California Muni Bond ETF Trading Up 0.2 %

Shares of NYSEARCA CMF opened at $57.46 on Friday. iShares California Muni Bond ETF has a fifty-two week low of $56.32 and a fifty-two week high of $58.18. The stock has a fifty day moving average of $56.98 and a 200-day moving average of $57.41.

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.