Epstein & White Financial LLC Lowers Stake in iShares California Muni Bond ETF (CMF)

Epstein & White Financial LLC lessened its holdings in iShares California Muni Bond ETF (NYSEARCA:CMF) by 82.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 6,800 shares of the company’s stock after selling 31,774 shares during the period. Epstein & White Financial LLC’s holdings in iShares California Muni Bond ETF were worth $397,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Morgan Stanley raised its stake in shares of iShares California Muni Bond ETF by 8.7% during the 3rd quarter. Morgan Stanley now owns 775,217 shares of the company’s stock worth $44,955,000 after acquiring an additional 62,127 shares in the last quarter. Miracle Mile Advisors LLC raised its stake in shares of iShares California Muni Bond ETF by 9.4% during the 3rd quarter. Miracle Mile Advisors LLC now owns 652,460 shares of the company’s stock worth $37,836,000 after acquiring an additional 56,331 shares in the last quarter. BlackRock Inc. raised its stake in shares of iShares California Muni Bond ETF by 3,277.7% during the 3rd quarter. BlackRock Inc. now owns 511,917 shares of the company’s stock worth $29,686,000 after acquiring an additional 496,761 shares in the last quarter. Pure Financial Advisors Inc. raised its stake in shares of iShares California Muni Bond ETF by 16.2% during the 4th quarter. Pure Financial Advisors Inc. now owns 210,532 shares of the company’s stock worth $12,305,000 after acquiring an additional 29,393 shares in the last quarter. Finally, AdvicePeriod LLC raised its stake in shares of iShares California Muni Bond ETF by 44.9% during the 4th quarter. AdvicePeriod LLC now owns 145,600 shares of the company’s stock worth $8,510,000 after acquiring an additional 45,097 shares in the last quarter.

NYSEARCA CMF opened at $58.65 on Monday. iShares California Muni Bond ETF has a 52 week low of $56.90 and a 52 week high of $58.78.

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 7th. Investors of record on Monday, February 4th were paid a dividend of $0.1063 per share. The ex-dividend date of this dividend was Friday, February 1st. This represents a $1.28 annualized dividend and a dividend yield of 2.17%.

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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.

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

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