GAMMA Investing LLC Raises Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

GAMMA Investing LLC grew its holdings in iShares California Muni Bond ETF (NYSEARCA:CMF) by 28.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,893 shares of the company’s stock after acquiring an additional 1,519 shares during the period. GAMMA Investing LLC’s holdings in iShares California Muni Bond ETF were worth $395,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of CMF. Charles Schwab Investment Management Inc. raised its holdings in iShares California Muni Bond ETF by 37.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 13,245,170 shares of the company’s stock valued at $769,677,000 after acquiring an additional 3,640,060 shares in the last quarter. FMR LLC increased its position in shares of iShares California Muni Bond ETF by 4.6% in the 3rd quarter. FMR LLC now owns 5,909,686 shares of the company’s stock valued at $343,412,000 after purchasing an additional 261,806 shares during the last quarter. a16z Perennial Management L.P. acquired a new stake in shares of iShares California Muni Bond ETF in the 3rd quarter valued at $13,154,000. Bailard Inc. lifted its position in shares of iShares California Muni Bond ETF by 19.3% during the 3rd quarter. Bailard Inc. now owns 849,445 shares of the company’s stock worth $49,361,000 after purchasing an additional 137,348 shares during the last quarter. Finally, NewEdge Advisors LLC grew its stake in shares of iShares California Muni Bond ETF by 551.1% during the second quarter. NewEdge Advisors LLC now owns 125,813 shares of the company’s stock worth $7,156,000 after purchasing an additional 106,490 shares in the last quarter.

iShares California Muni Bond ETF Price Performance

CMF stock opened at $57.30 on Tuesday. The company’s 50 day moving average is $57.44 and its two-hundred day moving average is $57.51. iShares California Muni Bond ETF has a twelve month low of $56.32 and a twelve month 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.