Magnus Financial Group LLC Acquires Shares of 4,364 iShares California Muni Bond ETF (NYSEARCA:CMF)

Magnus Financial Group LLC acquired a new position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 4,364 shares of the company’s stock, valued at approximately $250,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Hsbc Holdings PLC lifted its position in iShares California Muni Bond ETF by 32.1% during the 2nd quarter. Hsbc Holdings PLC now owns 43,109 shares of the company’s stock worth $2,452,000 after acquiring an additional 10,477 shares in the last quarter. Sei Investments Co. raised its stake in shares of iShares California Muni Bond ETF by 8.6% during the second quarter. Sei Investments Co. now owns 206,645 shares of the company’s stock valued at $11,754,000 after purchasing an additional 16,329 shares during the period. Affinity Capital Advisors LLC lifted its position in shares of iShares California Muni Bond ETF by 8.1% during the second quarter. Affinity Capital Advisors LLC now owns 103,852 shares of the company’s stock worth $5,907,000 after purchasing an additional 7,745 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of iShares California Muni Bond ETF by 551.1% in the second quarter. NewEdge Advisors LLC now owns 125,813 shares of the company’s stock valued at $7,156,000 after purchasing an additional 106,490 shares during the period. Finally, EP Wealth Advisors LLC grew its holdings in iShares California Muni Bond ETF by 0.9% during the 2nd quarter. EP Wealth Advisors LLC now owns 1,273,710 shares of the company’s stock valued at $72,449,000 after purchasing an additional 11,062 shares in the last quarter.

iShares California Muni Bond ETF Stock Up 0.1 %

iShares California Muni Bond ETF stock opened at $56.87 on Thursday. iShares California Muni Bond ETF has a 12-month low of $56.32 and a 12-month high of $58.18. The firm’s fifty day moving average price is $57.35 and its 200 day moving average price is $57.49.

iShares California Muni Bond ETF Company 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.