Bristlecone Advisors LLC Grows Holdings in iShares California Muni Bond ETF (NYSEARCA:CMF)

Bristlecone Advisors LLC lifted its holdings in iShares California Muni Bond ETF (NYSEARCA:CMF) by 7.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,505 shares of the company’s stock after buying an additional 841 shares during the quarter. Bristlecone Advisors LLC’s holdings in iShares California Muni Bond ETF were worth $716,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ballast Advisors LLC purchased a new stake in iShares California Muni Bond ETF during the 3rd quarter valued at about $29,000. CWM LLC purchased a new stake in iShares California Muni Bond ETF during the 3rd quarter valued at about $73,000. Larson Financial Group LLC grew its position in iShares California Muni Bond ETF by 100.0% during the 3rd quarter. Larson Financial Group LLC now owns 1,500 shares of the company’s stock valued at $87,000 after purchasing an additional 750 shares during the last quarter. Angeles Wealth Management LLC grew its position 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. Finally, PFG Investments LLC purchased a new stake in iShares California Muni Bond ETF during the 3rd quarter valued at about $202,000.

iShares California Muni Bond ETF Price Performance

Shares of CMF stock opened at $56.98 on Tuesday. The company’s 50-day moving average is $57.17 and its 200 day moving average is $57.46. iShares California Muni Bond ETF has a one year low of $56.32 and a one year high of $58.18.

iShares California Muni Bond ETF Company 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.