Envestnet Portfolio Solutions Inc. Acquires 36,680 Shares of iShares California Muni Bond ETF (NYSEARCA:CMF)

Envestnet Portfolio Solutions Inc. increased its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 25.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 182,305 shares of the company’s stock after acquiring an additional 36,680 shares during the quarter. Envestnet Portfolio Solutions Inc. owned about 0.37% of iShares California Muni Bond ETF worth $10,442,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of CMF. Charles Schwab Investment Management Inc. raised its holdings in iShares California Muni Bond ETF by 37.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 13,245,170 shares of the company’s stock worth $769,677,000 after acquiring an additional 3,640,060 shares during the period. Life Planning Partners Inc raised its holdings in iShares California Muni Bond ETF by 6,321.2% in the 4th quarter. Life Planning Partners Inc now owns 477,543 shares of the company’s stock worth $27,354,000 after acquiring an additional 470,106 shares during the period. FMR LLC grew its position in iShares California Muni Bond ETF by 4.6% in the 3rd quarter. FMR LLC now owns 5,909,686 shares of the company’s stock worth $343,412,000 after purchasing an additional 261,806 shares during the last quarter. Bailard Inc. grew its position in iShares California Muni Bond ETF by 25.1% in the 4th quarter. Bailard Inc. now owns 1,063,062 shares of the company’s stock worth $60,892,000 after purchasing an additional 213,617 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in iShares California Muni Bond ETF in the 4th quarter worth $11,396,000.

iShares California Muni Bond ETF Stock Performance

NYSEARCA CMF opened at $56.55 on Monday. The company’s fifty day moving average is $56.92 and its two-hundred day moving average is $57.36. iShares California Muni Bond ETF has a 52-week low of $56.32 and a 52-week high of $58.18.

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.