KCS Wealth Advisory Acquires New Position in iShares S&P California Mun Bnd Fnd (NYSEARCA:CMF)

KCS Wealth Advisory bought a new position in shares of iShares S&P California Mun Bnd Fnd (NYSEARCA:CMF) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 18,592 shares of the company’s stock, valued at approximately $1,100,000. iShares S&P California Mun Bnd Fnd makes up approximately 1.1% of KCS Wealth Advisory’s investment portfolio, making the stock its 15th largest holding. KCS Wealth Advisory owned about 0.13% of iShares S&P California Mun Bnd Fnd as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Boltwood Capital Management raised its holdings in shares of iShares S&P California Mun Bnd Fnd by 129.8% during the fourth quarter. Boltwood Capital Management now owns 36,085 shares of the company’s stock worth $2,134,000 after purchasing an additional 20,385 shares during the period. Pure Financial Advisors Inc. grew its position in shares of iShares S&P California Mun Bnd Fnd by 130.1% during the fourth quarter. Pure Financial Advisors Inc. now owns 157,149 shares of the company’s stock worth $9,295,000 after acquiring an additional 88,841 shares during the last quarter. Patriot Wealth Management Inc. bought a new position in shares of iShares S&P California Mun Bnd Fnd during the fourth quarter worth about $408,000. Grubman Wealth Management grew its position in shares of iShares S&P California Mun Bnd Fnd by 101.2% during the fourth quarter. Grubman Wealth Management now owns 62,664 shares of the company’s stock worth $3,707,000 after acquiring an additional 31,520 shares during the last quarter. Finally, Perkins Coie Trust Co bought a new position in shares of iShares S&P California Mun Bnd Fnd during the fourth quarter worth about $532,000.

iShares S&P California Mun Bnd Fnd (CMF) opened at $58.22 on Friday. iShares S&P California Mun Bnd Fnd has a 12-month low of $57.35 and a 12-month high of $58.35.

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, February 7th. Stockholders of record on Friday, February 2nd will be given a dividend of $0.1012 per share. This is a positive change from iShares S&P California Mun Bnd Fnd’s previous monthly dividend of $0.10. The ex-dividend date is Thursday, February 1st. This represents a $1.21 annualized dividend and a dividend yield of 2.09%.

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iShares S&P California Mun Bnd Fnd 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.

Institutional Ownership by Quarter for iShares S&P California Mun Bnd Fnd (NYSEARCA:CMF)

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