Calton & Associates Inc. Trims Stock Holdings in iShares California Muni Bond ETF (NYSEARCA:CMF)

Calton & Associates Inc. cut its stake in iShares California Muni Bond ETF (NYSEARCA:CMF) by 11.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,970 shares of the company’s stock after selling 493 shares during the quarter. Calton & Associates Inc.’s holdings in iShares California Muni Bond ETF were worth $226,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in CMF. Pure Financial Advisors LLC boosted its position in shares of iShares California Muni Bond ETF by 8.2% in the second quarter. Pure Financial Advisors LLC now owns 189,356 shares of the company’s stock valued at $10,771,000 after acquiring an additional 14,295 shares during the period. Westside Investment Management Inc. boosted its stake in shares of iShares California Muni Bond ETF by 2.2% during the second quarter. Westside Investment Management Inc. now owns 40,920 shares of the company’s stock valued at $2,328,000 after purchasing an additional 900 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in shares of iShares California Muni Bond ETF by 38.8% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 117,552 shares of the company’s stock worth $6,686,000 after purchasing an additional 32,863 shares during the last quarter. RHS Financial LLC raised its position in iShares California Muni Bond ETF by 12.8% during the 2nd quarter. RHS Financial LLC now owns 40,996 shares of the company’s stock valued at $2,332,000 after purchasing an additional 4,647 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in iShares California Muni Bond ETF by 18.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 11,524 shares of the company’s stock worth $655,000 after buying an additional 1,757 shares during the period.

iShares California Muni Bond ETF Price Performance

Shares of CMF stock traded up $0.04 during trading hours on Friday, reaching $57.58. The company’s stock had a trading volume of 164,326 shares, compared to its average volume of 228,425. iShares California Muni Bond ETF has a one year low of $53.92 and a one year high of $58.09. The firm’s fifty day simple moving average is $57.25 and its 200 day simple moving average is $57.24.

iShares California Muni Bond ETF Company 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.