Shira Ridge Wealth Management Has $1.44 Million Holdings in iShares California Muni Bond ETF (NYSEARCA:CMF)

Shira Ridge Wealth Management raised its position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 127.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 25,111 shares of the company’s stock after acquiring an additional 14,053 shares during the period. iShares California Muni Bond ETF comprises about 0.7% of Shira Ridge Wealth Management’s investment portfolio, making the stock its 27th largest holding. Shira Ridge Wealth Management’s holdings in iShares California Muni Bond ETF were worth $1,438,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Ballast Advisors LLC bought a new stake in iShares California Muni Bond ETF during the 3rd quarter worth approximately $29,000. CWM LLC acquired a new position in iShares California Muni Bond ETF in the third quarter worth $73,000. Larson Financial Group LLC grew its holdings in shares of iShares California Muni Bond ETF by 100.0% during the third quarter. Larson Financial Group LLC now owns 1,500 shares of the company’s stock worth $87,000 after purchasing an additional 750 shares during the last quarter. PFG Investments LLC bought a new stake in shares of iShares California Muni Bond ETF during the third quarter worth $202,000. Finally, Watts Gwilliam & Co. LLC acquired a new stake in shares of iShares California Muni Bond ETF in the fourth quarter valued at $235,000.

iShares California Muni Bond ETF Trading Down 0.3 %

Shares of NYSEARCA CMF opened at $56.59 on Tuesday. iShares California Muni Bond ETF has a 12-month low of $56.32 and a 12-month high of $58.18. The firm’s 50-day simple moving average is $57.41 and its 200 day simple moving average is $57.50.

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.