One Capital Management LLC Makes New $1.07 Million Investment in iShares California Muni Bond ETF (NYSEARCA:CMF)

One Capital Management LLC bought a new position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 18,845 shares of the company’s stock, valued at approximately $1,072,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Angeles Wealth Management LLC grew its position in iShares California Muni Bond ETF by 107.5% during 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. Aptus Capital Advisors LLC acquired a new position in iShares California Muni Bond ETF during the second quarter worth about $40,000. Rothschild Investment LLC acquired a new position in iShares California Muni Bond ETF during the second quarter worth about $43,000. Larson Financial Group LLC acquired a new position in iShares California Muni Bond ETF during the second quarter worth about $43,000. Finally, GAMMA Investing LLC grew its position in iShares California Muni Bond ETF by 32.3% during the first quarter. GAMMA Investing LLC now owns 790 shares of the company’s stock worth $45,000 after buying an additional 193 shares during the period.

iShares California Muni Bond ETF Trading Up 0.1 %

CMF stock opened at $58.06 on Tuesday. The company’s 50 day simple moving average is $57.56 and its 200-day simple moving average is $57.25. iShares California Muni Bond ETF has a 12 month low of $53.92 and a 12 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.