DeDora Capital Inc. Increases Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

DeDora Capital Inc. lifted its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 2.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 42,414 shares of the company’s stock after acquiring an additional 1,095 shares during the quarter. DeDora Capital Inc. owned 0.09% of iShares California Muni Bond ETF worth $2,441,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of CMF. Chesley Taft & Associates LLC purchased a new stake in iShares California Muni Bond ETF during the first quarter worth about $293,000. Wealth Enhancement Advisory Services LLC increased its stake in shares of iShares California Muni Bond ETF by 2.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 9,767 shares of the company’s stock worth $562,000 after purchasing an additional 203 shares during the last quarter. First National Bank Sioux Falls bought a new stake in shares of iShares California Muni Bond ETF in the 1st quarter worth approximately $345,000. Wealthcare Advisory Partners LLC lifted its stake in iShares California Muni Bond ETF by 53.4% in the first quarter. Wealthcare Advisory Partners LLC now owns 10,302 shares of the company’s stock valued at $593,000 after purchasing an additional 3,587 shares during the last quarter. Finally, Northeast Financial Group Inc. lifted its stake in iShares California Muni Bond ETF by 39.3% in the first quarter. Northeast Financial Group Inc. now owns 6,509 shares of the company’s stock valued at $375,000 after purchasing an additional 1,837 shares during the last quarter.

iShares California Muni Bond ETF Price Performance

iShares California Muni Bond ETF stock traded up $0.18 during trading on Friday, hitting $56.95. The stock had a trading volume of 188,550 shares, compared to its average volume of 215,387. iShares California Muni Bond ETF has a 1 year low of $53.92 and a 1 year high of $58.09. The stock’s 50 day moving average is $57.29 and its two-hundred day moving average is $56.98.

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.