Financial Connections Group Inc. Has $13.16 Million Stock Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

Financial Connections Group Inc. reduced its holdings in iShares California Muni Bond ETF (NYSEARCA:CMF) by 3.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 229,760 shares of the company’s stock after selling 7,345 shares during the quarter. iShares California Muni Bond ETF makes up approximately 6.3% of Financial Connections Group Inc.’s holdings, making the stock its 5th largest holding. Financial Connections Group Inc. owned about 0.47% of iShares California Muni Bond ETF worth $13,160,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Ballast Advisors LLC acquired a new stake in shares of iShares California Muni Bond ETF in the third quarter valued at approximately $29,000. CWM LLC acquired a new position in iShares California Muni Bond ETF in the 3rd quarter valued at about $73,000. Larson Financial Group LLC lifted its holdings in iShares California Muni Bond ETF by 100.0% during the 3rd quarter. Larson Financial Group LLC now owns 1,500 shares of the company’s stock worth $87,000 after purchasing an additional 750 shares during the last quarter. Angeles Wealth Management LLC grew its stake in shares of iShares California Muni Bond ETF by 209.1% in the fourth quarter. Angeles Wealth Management LLC now owns 1,802 shares of the company’s stock valued at $103,000 after acquiring an additional 1,219 shares in the last quarter. Finally, PFG Investments LLC bought a new position in shares of iShares California Muni Bond ETF during the third quarter worth approximately $202,000.

iShares California Muni Bond ETF Trading Down 0.1 %

Shares of iShares California Muni Bond ETF stock opened at $56.92 on Wednesday. The firm’s 50-day moving average price is $57.15 and its two-hundred day moving average price is $57.46. iShares California Muni Bond ETF has a 12-month low of $56.32 and a 12-month high of $58.18.

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.