Bailard Inc. Has $49.36 Million Holdings in iShares California Muni Bond ETF (NYSEARCA:CMF)

Bailard Inc. boosted its stake in iShares California Muni Bond ETF (NYSEARCA:CMF) by 19.3% in the third quarter, Holdings Channel reports. The firm owned 849,445 shares of the company’s stock after purchasing an additional 137,348 shares during the quarter. iShares California Muni Bond ETF accounts for about 1.3% of Bailard Inc.’s investment portfolio, making the stock its 15th largest position. Bailard Inc.’s holdings in iShares California Muni Bond ETF were worth $49,361,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Angeles Wealth Management LLC raised its stake in iShares California Muni Bond ETF by 107.5% during the second quarter. Angeles Wealth Management LLC now owns 583 shares of the company’s stock worth $33,000 after acquiring an additional 302 shares in the last quarter. Aptus Capital Advisors LLC acquired a new position in iShares California Muni Bond ETF during the second quarter worth about $40,000. Rothschild Investment LLC acquired a new position in iShares California Muni Bond ETF during the second quarter worth about $43,000. Larson Financial Group LLC acquired a new position in shares of iShares California Muni Bond ETF in the second quarter valued at approximately $43,000. Finally, Crewe Advisors LLC acquired a new position in shares of iShares California Muni Bond ETF in the second quarter valued at approximately $50,000.

iShares California Muni Bond ETF Stock Up 0.1 %

iShares California Muni Bond ETF stock opened at $57.38 on Wednesday. The business has a 50 day moving average of $57.69 and a 200-day moving average of $57.33. iShares California Muni Bond ETF has a 1 year low of $54.73 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.