Paragon Capital Management Ltd Boosts Stock Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

Paragon Capital Management Ltd increased its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 64.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,860 shares of the company’s stock after acquiring an additional 3,083 shares during the quarter. Paragon Capital Management Ltd’s holdings in iShares California Muni Bond ETF were worth $457,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. US Bancorp DE boosted its stake in shares of iShares California Muni Bond ETF by 23.9% in the first quarter. US Bancorp DE now owns 28,199 shares of the company’s stock worth $1,623,000 after acquiring an additional 5,448 shares during the period. Whittier Trust Co. boosted its stake in iShares California Muni Bond ETF by 20.0% in the 1st quarter. Whittier Trust Co. now owns 74,205 shares of the company’s stock worth $4,270,000 after purchasing an additional 12,386 shares during the period. Myecfo LLC grew its holdings in iShares California Muni Bond ETF by 7.3% during the 1st quarter. Myecfo LLC now owns 206,092 shares of the company’s stock valued at $11,847,000 after buying an additional 13,971 shares in the last quarter. IMPACTfolio LLC raised its position in shares of iShares California Muni Bond ETF by 14.7% during the third quarter. IMPACTfolio LLC now owns 4,621 shares of the company’s stock valued at $269,000 after buying an additional 592 shares during the last quarter. Finally, Fisher Asset Management LLC lifted its holdings in shares of iShares California Muni Bond ETF by 22.1% in the fourth quarter. Fisher Asset Management LLC now owns 12,101 shares of the company’s stock worth $701,000 after buying an additional 2,191 shares in the last quarter.

iShares California Muni Bond ETF Stock Performance

Shares of NYSEARCA:CMF opened at $57.64 on Friday. The firm has a fifty day moving average price of $57.80 and a 200 day moving average price of $57.29. iShares California Muni Bond ETF has a fifty-two week low of $53.92 and a fifty-two week high of $58.18.

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.