Werba Rubin Papier Wealth Management Has $1.30 Million Position in iShares California Muni Bond ETF (NYSEARCA:CMF)

Werba Rubin Papier Wealth Management grew its stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 50.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 22,638 shares of the company’s stock after acquiring an additional 7,570 shares during the quarter. Werba Rubin Papier Wealth Management’s holdings in iShares California Muni Bond ETF were worth $1,297,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Global Retirement Partners LLC increased its stake in shares of iShares California Muni Bond ETF by 37.8% in the fourth quarter. Global Retirement Partners LLC now owns 3,647 shares of the company’s stock valued at $209,000 after buying an additional 1,000 shares during the period. Atlas Legacy Advisors LLC bought a new position in shares of iShares California Muni Bond ETF in the fourth quarter valued at approximately $2,174,000. Davidson Investment Advisors lifted its holdings in shares of iShares California Muni Bond ETF by 5.1% in the fourth quarter. Davidson Investment Advisors now owns 11,669 shares of the company’s stock valued at $668,000 after purchasing an additional 569 shares in the last quarter. Atria Wealth Solutions Inc. increased its position in shares of iShares California Muni Bond ETF by 4.1% during the fourth quarter. Atria Wealth Solutions Inc. now owns 12,021 shares of the company’s stock valued at $689,000 after acquiring an additional 468 shares during the last quarter. Finally, Empower Advisory Group LLC increased its position in iShares California Muni Bond ETF by 9.7% in the fourth quarter. Empower Advisory Group LLC now owns 25,246 shares of the company’s stock worth $1,446,000 after buying an additional 2,236 shares during the last quarter.

iShares California Muni Bond ETF Trading Down 0.1 %

Shares of NYSEARCA CMF opened at $56.82 on Wednesday. iShares California Muni Bond ETF has a fifty-two week low of $56.32 and a fifty-two week high of $58.18. The stock has a fifty day moving average of $57.03 and a 200-day moving average of $57.44.

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.