Raub Brock Capital Management LP Boosts Stock Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

Raub Brock Capital Management LP increased its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 1.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 411,400 shares of the company’s stock after buying an additional 3,880 shares during the quarter. iShares California Muni Bond ETF comprises approximately 5.0% of Raub Brock Capital Management LP’s holdings, making the stock its 3rd largest position. Raub Brock Capital Management LP owned approximately 0.84% of iShares California Muni Bond ETF worth $23,565,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. McNaughton Wealth Management LLC increased its holdings in shares of iShares California Muni Bond ETF by 0.8% in the fourth quarter. McNaughton Wealth Management LLC now owns 24,055 shares of the company’s stock valued at $1,378,000 after buying an additional 191 shares in the last quarter. Kingsview Wealth Management LLC grew its holdings in shares of iShares California Muni Bond ETF by 3.8% in the 3rd quarter. Kingsview Wealth Management LLC now owns 5,784 shares of the company’s stock worth $336,000 after acquiring an additional 212 shares during the last quarter. First National Bank Sioux Falls raised its position in shares of iShares California Muni Bond ETF by 2.2% during the fourth quarter. First National Bank Sioux Falls now owns 10,222 shares of the company’s stock worth $586,000 after purchasing an additional 222 shares during the period. IMPACTfolio LLC lifted its holdings in shares of iShares California Muni Bond ETF by 5.8% during the fourth quarter. IMPACTfolio LLC now owns 4,891 shares of the company’s stock valued at $280,000 after purchasing an additional 270 shares during the last quarter. Finally, HCR Wealth Advisors boosted its position in shares of iShares California Muni Bond ETF by 1.5% in the 4th quarter. HCR Wealth Advisors now owns 23,705 shares of the company’s stock valued at $1,358,000 after purchasing an additional 353 shares during the period.

iShares California Muni Bond ETF Price Performance

Shares of CMF opened at $56.78 on Friday. The business’s 50-day moving average price is $57.37 and its 200 day moving average price is $57.49. iShares California Muni Bond ETF has a 1-year low of $56.32 and a 1-year high of $58.18.

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.