The iShares California Muni Bond ETF (CMF) experienced a significant outflow of approximately $85.8 million, representing a 2.5% decrease in shares outstanding, from 62,950,000 to 61,400,000 week-over-week.
As of the latest trading data, CMF’s share price is $55.42, with a 52-week low of $53.6051 and a high of $58.18.
This decline in shares highlights notable changes in investor demand for the ETF, which can influence its underlying holdings.
