iShares California Muni Bond ETF (CMF) Holdings Increased by Bailard Inc.

Bailard Inc. raised its position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 3.7% in the second quarter, according to its most recent filing with the SEC. The firm owned 346,369 shares of the company’s stock after purchasing an additional 12,200 shares during the quarter. iShares California Muni Bond ETF makes up approximately 1.2% of Bailard Inc.’s investment portfolio, making the stock its 14th largest holding. Bailard Inc.’s holdings in iShares California Muni Bond ETF were worth $20,276,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in CMF. Charles Schwab Investment Advisory Inc. grew its position in shares of iShares California Muni Bond ETF by 64.6% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 838,639 shares of the company’s stock worth $48,952,000 after buying an additional 329,273 shares during the period. Mission Wealth Management LP grew its position in shares of iShares California Muni Bond ETF by 1.2% during the 1st quarter. Mission Wealth Management LP now owns 608,671 shares of the company’s stock worth $35,528,000 after buying an additional 6,958 shares during the period. Miracle Mile Advisors LLC grew its position in shares of iShares California Muni Bond ETF by 15.7% during the 2nd quarter. Miracle Mile Advisors LLC now owns 596,129 shares of the company’s stock worth $34,897,000 after buying an additional 80,870 shares during the period. Royal Bank of Canada grew its position in shares of iShares California Muni Bond ETF by 24.3% during the 1st quarter. Royal Bank of Canada now owns 175,757 shares of the company’s stock worth $10,259,000 after buying an additional 34,362 shares during the period. Finally, LPL Financial LLC grew its position in shares of iShares California Muni Bond ETF by 6.9% during the 1st quarter. LPL Financial LLC now owns 162,017 shares of the company’s stock worth $9,457,000 after buying an additional 10,514 shares during the period.

Shares of CMF stock opened at $58.55 on Friday. iShares California Muni Bond ETF has a 52 week low of $57.68 and a 52 week high of $59.75.

The business also recently disclosed a monthly dividend, which was paid on Tuesday, August 7th. Stockholders of record on Thursday, August 2nd were given a dividend of $0.1031 per share. This is an increase from iShares California Muni Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date was Wednesday, August 1st. This represents a $1.24 annualized dividend and a dividend yield of 2.11%.

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.

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Institutional Ownership by Quarter for iShares California Muni Bond ETF (NYSEARCA:CMF)

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