Opes Wealth Management LLC Has $17.04 Million Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

Opes Wealth Management LLC lifted its position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 5.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 294,114 shares of the company’s stock after acquiring an additional 15,833 shares during the period. iShares California Muni Bond ETF makes up approximately 4.1% of Opes Wealth Management LLC’s portfolio, making the stock its 3rd largest position. Opes Wealth Management LLC owned approximately 0.74% of iShares California Muni Bond ETF worth $17,041,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. WealthShield Partners LLC bought a new stake in iShares California Muni Bond ETF in the 4th quarter worth approximately $35,000. Resurgent Financial Advisors LLC bought a new stake in iShares California Muni Bond ETF in the 4th quarter worth approximately $39,000. Sheets Smith Wealth Management bought a new stake in iShares California Muni Bond ETF in the 3rd quarter worth approximately $55,000. AdvisorNet Financial Inc bought a new stake in iShares California Muni Bond ETF in the 4th quarter worth approximately $72,000. Finally, Money Concepts Capital Corp grew its position in iShares California Muni Bond ETF by 95.2% in the 4th quarter. Money Concepts Capital Corp now owns 1,640 shares of the company’s stock worth $92,000 after purchasing an additional 800 shares during the period.

iShares California Muni Bond ETF Trading Down 0.1 %

NYSEARCA:CMF traded down $0.08 during trading hours on Thursday, reaching $56.85. The company had a trading volume of 157,968 shares, compared to its average volume of 217,698. iShares California Muni Bond ETF has a 52 week low of $53.92 and a 52 week high of $58.09. The firm’s 50 day moving average price is $57.48 and its 200-day moving average price is $56.79.

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.