iShares California Muni Bond ETF (NYSEARCA:CMF) Reaches New 12-Month Low – Here’s What Happened

Shares of iShares California Muni Bond ETF (NYSEARCA:CMFGet Free Report) reached a new 52-week low on Wednesday . The company traded as low as $56.27 and last traded at $56.27, with a volume of 16260 shares. The stock had previously closed at $56.34.

iShares California Muni Bond ETF Stock Performance

The business has a 50 day moving average of $56.85 and a two-hundred day moving average of $57.28.

Hedge Funds Weigh In On iShares California Muni Bond ETF

A number of large investors have recently modified their holdings of CMF. Asset Planning Inc acquired a new position in iShares California Muni Bond ETF during the fourth quarter worth $40,000. Parkworth Wealth Management Inc. bought a new stake in shares of iShares California Muni Bond ETF during the fourth quarter worth about $62,000. Creative Financial Designs Inc. ADV acquired a new stake in shares of iShares California Muni Bond ETF in the 4th quarter worth about $63,000. Larson Financial Group LLC lifted its position in iShares California Muni Bond ETF by 100.0% in the 3rd quarter. Larson Financial Group LLC now owns 1,500 shares of the company’s stock valued at $87,000 after acquiring an additional 750 shares in the last quarter. Finally, Angeles Wealth Management LLC boosted its stake in iShares California Muni Bond ETF by 209.1% during the 4th quarter. Angeles Wealth Management LLC now owns 1,802 shares of the company’s stock valued at $103,000 after purchasing an additional 1,219 shares during the last quarter.

iShares California Muni Bond ETF Company Profile

(Get Free Report)

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.

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