Bell Investment Advisors Inc Grows Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

Bell Investment Advisors Inc grew its position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 6.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 59,353 shares of the company’s stock after buying an additional 3,663 shares during the period. iShares California Muni Bond ETF comprises approximately 0.6% of Bell Investment Advisors Inc’s portfolio, making the stock its 29th biggest holding. Bell Investment Advisors Inc’s holdings in iShares California Muni Bond ETF were worth $3,449,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Ballast Advisors LLC acquired a new stake in iShares California Muni Bond ETF during the third quarter valued at $29,000. Angeles Wealth Management LLC boosted its stake in shares of iShares California Muni Bond ETF by 107.5% during the 2nd 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 purchased a new stake in shares of iShares California Muni Bond ETF during the 2nd quarter worth about $40,000. Rothschild Investment LLC acquired a new stake in shares of iShares California Muni Bond ETF during the 2nd quarter valued at about $43,000. Finally, Larson Financial Group LLC purchased a new position in shares of iShares California Muni Bond ETF in the 2nd quarter valued at about $43,000.

iShares California Muni Bond ETF Stock Performance

CMF stock traded up $0.10 during mid-day trading on Wednesday, reaching $57.88. 74,310 shares of the company’s stock were exchanged, compared to its average volume of 271,700. iShares California Muni Bond ETF has a 12-month low of $56.32 and a 12-month high of $58.18. The stock’s 50 day moving average is $57.57 and its 200 day moving average is $57.38.

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.