LPL Financial LLC Has $9.46 Million Stake in iShares S&P California Mun Bnd Fnd (CMF)

LPL Financial LLC grew its stake in iShares S&P California Mun Bnd Fnd (NYSEARCA:CMF) by 6.9% during the first quarter, HoldingsChannel.com reports. The fund owned 162,017 shares of the company’s stock after acquiring an additional 10,514 shares during the quarter. LPL Financial LLC’s holdings in iShares S&P California Mun Bnd Fnd were worth $9,457,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in CMF. Charles Schwab Investment Advisory Inc. grew its stake in iShares S&P California Mun Bnd Fnd 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 last quarter. Mission Wealth Management LP grew its stake in iShares S&P California Mun Bnd Fnd 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 last quarter. Miracle Mile Advisors LLC grew its stake in iShares S&P California Mun Bnd Fnd by 3,220.0% during the 1st quarter. Miracle Mile Advisors LLC now owns 515,259 shares of the company’s stock worth $30,076,000 after buying an additional 499,739 shares during the last quarter. Bailard Inc. grew its stake in iShares S&P California Mun Bnd Fnd by 11.7% during the 1st quarter. Bailard Inc. now owns 334,169 shares of the company’s stock worth $19,505,000 after buying an additional 35,136 shares during the last quarter. Finally, Wells Fargo & Company MN grew its stake in iShares S&P California Mun Bnd Fnd by 132.0% during the 4th quarter. Wells Fargo & Company MN now owns 134,904 shares of the company’s stock worth $7,979,000 after buying an additional 76,744 shares during the last quarter.

Shares of iShares S&P California Mun Bnd Fnd opened at $58.46 on Thursday, Marketbeat reports. iShares S&P California Mun Bnd Fnd has a 1-year low of $57.68 and a 1-year high of $59.75.

The firm also recently announced a monthly dividend, which was paid on Thursday, June 7th. Investors of record on Monday, June 4th were paid a dividend of $0.1038 per share. This represents a $1.25 annualized dividend and a yield of 2.13%. This is an increase from iShares S&P California Mun Bnd Fnd’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Friday, June 1st.

About iShares S&P California Mun Bnd Fnd

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.

Want to see what other hedge funds are holding CMF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P California Mun Bnd Fnd (NYSEARCA:CMF).

Institutional Ownership by Quarter for iShares S&P California Mun Bnd Fnd (NYSEARCA:CMF)

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