Mission Wealth Management LP Sells 24,470 Shares of iShares California Muni Bond ETF (NYSEARCA:CMF)

Mission Wealth Management LP lessened its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 17.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 113,640 shares of the company’s stock after selling 24,470 shares during the period. Mission Wealth Management LP’s holdings in iShares California Muni Bond ETF were worth $6,584,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. KM Capital Management Ltd. boosted its position in iShares California Muni Bond ETF by 3.2% during the fourth quarter. KM Capital Management Ltd. now owns 5,597 shares of the company’s stock worth $324,000 after purchasing an additional 176 shares during the period. Financial Management Network Inc. boosted its position in shares of iShares California Muni Bond ETF by 1.4% in the third quarter. Financial Management Network Inc. now owns 13,791 shares of the company’s stock valued at $751,000 after acquiring an additional 190 shares during the period. O Shaughnessy Asset Management LLC boosted its position in shares of iShares California Muni Bond ETF by 1.9% in the third quarter. O Shaughnessy Asset Management LLC now owns 14,348 shares of the company’s stock valued at $787,000 after acquiring an additional 265 shares during the period. Curtis Advisory Group LLC boosted its position in shares of iShares California Muni Bond ETF by 0.9% in the third quarter. Curtis Advisory Group LLC now owns 35,426 shares of the company’s stock valued at $1,943,000 after acquiring an additional 303 shares during the period. Finally, Falcon Wealth Planning boosted its position in shares of iShares California Muni Bond ETF by 5.6% in the fourth quarter. Falcon Wealth Planning now owns 6,153 shares of the company’s stock valued at $357,000 after acquiring an additional 328 shares during the period.

iShares California Muni Bond ETF Price Performance

Shares of CMF stock traded down $0.06 during trading hours on Tuesday, reaching $56.75. The stock had a trading volume of 224,629 shares, compared to its average volume of 214,273. The stock’s fifty day simple moving average is $57.36 and its 200 day simple moving average is $56.94. iShares California Muni Bond ETF has a 12 month low of $53.92 and a 12 month high of $58.09.

iShares California Muni Bond ETF 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.