Creative Planning Grows Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

Creative Planning boosted its stake in iShares California Muni Bond ETF (NYSEARCA:CMF) by 8.9% in the third quarter, HoldingsChannel reports. The institutional investor owned 191,327 shares of the company’s stock after buying an additional 15,596 shares during the quarter. Creative Planning’s holdings in iShares California Muni Bond ETF were worth $11,118,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of CMF. Elmwood Wealth Management Inc. grew its stake in iShares California Muni Bond ETF by 3.8% in the 3rd quarter. Elmwood Wealth Management Inc. now owns 64,163 shares of the company’s stock valued at $3,729,000 after purchasing an additional 2,353 shares during the period. Johnson Bixby & Associates LLC grew its stake in iShares California Muni Bond ETF by 18.7% in the 3rd quarter. Johnson Bixby & Associates LLC now owns 24,430 shares of the company’s stock valued at $1,420,000 after purchasing an additional 3,848 shares during the period. Shira Ridge Wealth Management grew its stake in iShares California Muni Bond ETF by 27.1% in the 3rd quarter. Shira Ridge Wealth Management now owns 11,058 shares of the company’s stock valued at $643,000 after purchasing an additional 2,360 shares during the period. HCR Wealth Advisors grew its stake in iShares California Muni Bond ETF by 2.2% in the 3rd quarter. HCR Wealth Advisors now owns 23,352 shares of the company’s stock valued at $1,357,000 after purchasing an additional 493 shares during the period. Finally, Paragon Capital Management Ltd grew its stake in iShares California Muni Bond ETF by 64.5% in the 3rd quarter. Paragon Capital Management Ltd now owns 7,860 shares of the company’s stock valued at $457,000 after purchasing an additional 3,083 shares during the period.

iShares California Muni Bond ETF Stock Performance

Shares of NYSEARCA:CMF opened at $57.35 on Wednesday. The business has a fifty day moving average price of $57.80 and a two-hundred day moving average price of $57.31. iShares California Muni Bond ETF has a 1 year low of $53.92 and a 1 year 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.