iShares California Muni Bond ETF (CMF)
iShares California Muni Bond ETF $CMF Shares Sold by GAMMA Investing LLC
GAMMA Investing LLC lowered its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 91.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 957 shares of the company's stock after selling 10,149 shares during the quarter.
Fifth Third Bancorp Acquires New Position in iShares California Muni Bond ETF $CMF
Fifth Third Bancorp bought a new stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 70,004 shares of the company's stock, valued at approximately $3,980,000. Fifth Third Bancorp
JPMorgan Converts $950M to Active NY, CA Muni ETFs
This week J.P. Morgan Asset Management launched two actively managed municipal bond ETFs focused on California and New York debt, offering investors a way to earn tax-free income inside a more flexible and transparent fund structure.
The Tax Free Muni Bond Portfolio That Replaces a $75,000 Salary at $1.6 Million Invested
A $75,000 salary sits at the top of the U.S. median household range, but for a retiree in a high federal and state bracket, replacing it with taxable income means earning much more before Uncle Sam takes his cut.
Your Treasury Income May Already Be Paying California, Unless You're Holding It in This ETF
Tony Dong is the founder of ETF Portfolio Blueprint.
Farther Finance Advisors LLC Purchases 112,846 Shares of iShares California Muni Bond ETF $CMF
Farther Finance Advisors LLC grew its position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 601.7% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 131,601 shares of the company's stock after buying an additional 112,846 shares during the
Assetmark Inc. Acquires 10,581 Shares of iShares California Muni Bond ETF $CMF
Assetmark Inc. boosted its holdings in iShares California Muni Bond ETF (NYSEARCA:CMF) by 2.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 372,882 shares of the company's stock after acquiring an additional 10,581 shares during the period. Assetmark
Allspring Global Investments Holdings LLC Makes New $1.64 Million Investment in iShares California Muni Bond ETF $CMF
Allspring Global Investments Holdings LLC purchased a new position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 28,506 shares of the company's stock, valued at approximately $1,641,000. Other large
Sagespring Wealth Partners LLC Invests $845,000 in iShares California Muni Bond ETF $CMF
Sagespring Wealth Partners LLC bought a new position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 14,698 shares of the company's stock, valued at approximately $845,000. A number of other large investors have
Compound Planning Inc. Purchases 11,806 Shares of iShares California Muni Bond ETF $CMF
Compound Planning Inc. boosted its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 17.6% during the undefined quarter, according to its most recent Form 13F filing with the SEC. The fund owned 78,994 shares of the company's stock after purchasing an additional 11,806 shares during the period. Compound Planning Inc. owned
iShares California Muni Bond ETF $CMF Shares Acquired by Ashton Thomas Private Wealth LLC
Ashton Thomas Private Wealth LLC increased its position in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 167.8% during the undefined quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 37,217 shares of the company's stock after buying an additional 23,321 shares during
Commonwealth Equity Services LLC Has $6.63 Million Stock Holdings in iShares California Muni Bond ETF $CMF
Commonwealth Equity Services LLC trimmed its position in iShares California Muni Bond ETF (NYSEARCA:CMF) by 23.1% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 116,199 shares of the company's stock after selling 34,930 shares during the period. Commonwealth Equity Services LLC owned about
17,920 Shares in iShares California Muni Bond ETF $CMF Acquired by APS Management Group Inc.
APS Management Group Inc. acquired a new stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 17,920 shares of the company's stock, valued at approximately $1,022,000. Several other institutional investors and hedge funds have also
Affinity Capital Advisors LLC Acquires 9,128 Shares of iShares California Muni Bond ETF $CMF
Affinity Capital Advisors LLC increased its holdings in iShares California Muni Bond ETF (NYSEARCA:CMF) by 3.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 255,386 shares of the company's stock after acquiring an additional 9,128 shares during the period.
Cerity Partners LLC Sells 9,340 Shares of iShares California Muni Bond ETF $CMF
Cerity Partners LLC trimmed its holdings in iShares California Muni Bond ETF (NYSEARCA:CMF) by 4.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 226,840 shares of the company's stock after selling 9,340 shares during the period.
CMF: California Should Be Fine, But Not Crazy About The Duration
The iShares California Muni Bond ETF (CMF) offers exposure to intermediate-duration bonds that seem to be resilient in terms of credit rating though in a cross-current. CMF's performance closely tracks the broader iShares Muni ETF (MUB). Risks include potential federal funding freezes, trade policy impacts, and duration sensitivity. The former two risks are at least mitigated in agency and public utility exposures.
CMF: Only For Californians And Even Then
CMF is only suitable for high-income California residents seeking tax-free income, due to its structure and the state's high tax rates. The fund offers broad diversification, low fees, and strong liquidity, but its yield is only compelling at the top tax brackets. Munis pay lower coupons because tax breaks attract high earners, pushing yields down for everyone else—making CMF unattractive for most investors.
CMF: Good For California Residents
The iShares California Muni Bond ETF offers tax-free income with a low expense ratio of 0.08%, focusing on high-quality California municipal bonds. The fund is highly diversified, with the largest bond allocation at just 0.77%, and focuses on key services like schools and utilities. With 81% of the portfolio rated AA, the ETF provides stability and steady income, boasting a 30-day SEC yield of 3.2%.
Lottery.Com Signs MOU to Acquire CMF Media (CMF) to Facilitate Sports.Com's Production of Original Content
FT. WORTH, Texas, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY) ("Lottery.com" or "the Company"), an online lottery and digital entertainment provider, is pleased to announce that it has signed a Memorandum of Understanding (MOU) to acquire CMF Media, an award-winning sports content production house. The acquisition, valued at $1 million, will be paid entirely in common stock of Lottery.com to be issued at $3.00 per share. CMF is owned by Charlie Bingham and Miguel Sánchez and will be integrated under the Sports.com brand, which is wholly owned by Lottery.com.
U.S. Weekly FundFlows Insight Report: Money Market Funds Witness Their Third Largest Weekly Net Redemption On Record For The Fund-Flows Week
U.S. Weekly FundFlows Insight Report: Money Market Funds Witness Their Third Largest Weekly Net Redemption On Record For The Fund-Flows Week.