Bank of Montreal Can Raises Stock Holdings in iShares California Muni Bond ETF (NYSEARCA:CMF)

Bank of Montreal Can raised its stake in iShares California Muni Bond ETF (NYSEARCA:CMF) by 4.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 143,977 shares of the company’s stock after acquiring an additional 6,030 shares during the period. Bank of Montreal Can’s holdings in iShares California Muni Bond ETF were worth $8,375,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CMF. Northeast Financial Group Inc. lifted its holdings in iShares California Muni Bond ETF by 3.2% in the second quarter. Northeast Financial Group Inc. now owns 6,719 shares of the company’s stock worth $382,000 after acquiring an additional 210 shares during the last quarter. Kingsview Wealth Management LLC boosted its position in iShares California Muni Bond ETF by 3.8% during the 3rd quarter. Kingsview Wealth Management LLC now owns 5,784 shares of the company’s stock valued at $336,000 after purchasing an additional 212 shares during the period. True Link Financial Advisors LLC grew its stake in iShares California Muni Bond ETF by 2.4% during the 2nd quarter. True Link Financial Advisors LLC now owns 10,550 shares of the company’s stock worth $600,000 after buying an additional 250 shares during the last quarter. Angeles Wealth Management LLC increased its position in iShares California Muni Bond ETF by 107.5% in the second quarter. Angeles Wealth Management LLC now owns 583 shares of the company’s stock worth $33,000 after buying an additional 302 shares during the period. Finally, Leisure Capital Management lifted its stake in iShares California Muni Bond ETF by 4.8% in the second quarter. Leisure Capital Management now owns 6,594 shares of the company’s stock valued at $375,000 after buying an additional 304 shares during the last quarter.

iShares California Muni Bond ETF Stock Performance

iShares California Muni Bond ETF stock opened at $57.98 on Tuesday. iShares California Muni Bond ETF has a one year low of $56.32 and a one year high of $58.18. The company has a 50-day simple moving average of $57.56 and a 200-day simple moving average of $57.40.

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.