Spinnaker Investment Group LLC Acquires 1,043 Shares of iShares California Muni Bond ETF (NYSEARCA:CMF)

Spinnaker Investment Group LLC lifted its holdings in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 2.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,061 shares of the company’s stock after purchasing an additional 1,043 shares during the period. iShares California Muni Bond ETF comprises approximately 0.6% of Spinnaker Investment Group LLC’s investment portfolio, making the stock its 18th largest holding. Spinnaker Investment Group LLC owned 0.08% of iShares California Muni Bond ETF worth $2,352,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CMF. Charles Schwab Investment Management Inc. increased its position 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 worth $769,677,000 after buying an additional 3,640,060 shares during the last quarter. FMR LLC increased its holdings in 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 worth $343,412,000 after acquiring an additional 261,806 shares during the last quarter. a16z Perennial Management L.P. bought a new stake in iShares California Muni Bond ETF in the 3rd quarter valued at about $13,154,000. Bailard Inc. raised its stake in iShares California Muni Bond ETF by 19.3% in the 3rd quarter. Bailard Inc. now owns 849,445 shares of the company’s stock valued at $49,361,000 after acquiring an additional 137,348 shares during the period. Finally, NewEdge Advisors LLC lifted its holdings in 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 valued at $7,156,000 after purchasing an additional 106,490 shares during the last quarter.

iShares California Muni Bond ETF Trading Down 0.2 %

CMF opened at $56.74 on Friday. The firm has a 50-day moving average price of $57.33 and a 200-day moving average price of $57.49. 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.