Bell Investment Advisors Inc Buys 2,099 Shares of iShares California Muni Bond ETF (NYSEARCA:CMF)

Bell Investment Advisors Inc grew its stake in iShares California Muni Bond ETF (NYSEARCA:CMF) by 4.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,846 shares of the company’s stock after acquiring an additional 2,099 shares during the quarter. iShares California Muni Bond ETF accounts for 0.6% of Bell Investment Advisors Inc’s holdings, making the stock its 28th biggest position. Bell Investment Advisors Inc owned 0.13% of iShares California Muni Bond ETF worth $2,946,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of CMF. GAMMA Investing LLC acquired a new stake in iShares California Muni Bond ETF during the 4th quarter worth $35,000. WealthShield Partners LLC bought a new position in shares of iShares California Muni Bond ETF during the 4th quarter valued at about $35,000. AdvisorNet Financial Inc acquired a new position in shares of iShares California Muni Bond ETF in the 4th quarter valued at approximately $72,000. Tidemark LLC bought a new stake in iShares California Muni Bond ETF during the 4th quarter worth approximately $104,000. Finally, Spire Wealth Management acquired a new stake in iShares California Muni Bond ETF during the 4th quarter worth approximately $150,000.

iShares California Muni Bond ETF Stock Up 0.5 %

Shares of CMF opened at $57.03 on Thursday. The firm’s 50 day moving average price is $56.84 and its two-hundred day moving average price is $57.33. iShares California Muni Bond ETF has a twelve month low of $53.92 and a twelve month high of $58.09.

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.