iShares Short-Term California Muni Active ETF (NASDAQ:CALI – Get Free Report) announced a dividend on Tuesday, June 30th, NASDAQ Dividends reports. Shareholders of record on Wednesday, July 1st will be paid a dividend of 0.1046 per share on Tuesday, July 7th. The ex-dividend date is Wednesday, July 1st.
iShares Short-Term California Muni Active ETF Stock Down 0.2%
Shares of iShares Short-Term California Muni Active ETF stock traded down $0.11 on Wednesday, hitting $50.42. 113,329 shares of the company were exchanged, compared to its average volume of 88,648. The company has a 50-day moving average price of $50.44 and a 200 day moving average price of $50.50. The stock has a market capitalization of $294.96 million, a price-to-earnings ratio of -149.58 and a beta of 0.05. iShares Short-Term California Muni Active ETF has a 1-year low of $50.04 and a 1-year high of $50.79.
Institutional Trading of iShares Short-Term California Muni Active ETF
A number of large investors have recently modified their holdings of CALI. McIlrath & Eck LLC purchased a new stake in iShares Short-Term California Muni Active ETF during the first quarter worth approximately $1,390,000. Diversified Portfolios Inc. acquired a new stake in shares of iShares Short-Term California Muni Active ETF during the fourth quarter worth about $629,000. Union Savings Bank purchased a new position in shares of iShares Short-Term California Muni Active ETF in the 4th quarter valued at approximately $350,000. Graybill Wealth Management LTD. purchased a new position in iShares Short-Term California Muni Active ETF in the 3rd quarter valued at $304,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of iShares Short-Term California Muni Active ETF in the third quarter valued at about $46,000.
About iShares Short-Term California Muni Active ETF
The iShares Short-Term California Muni Active ETF (CALI) is an exchange-traded fund that mostly invests in investment grade fixed income. CALY is an actively managed fund that primarily invests in municipal securities exempt from federal income taxes. It will hold short-term, investment grade Muni bonds issued in California while aiming for an effective portfolio duration equal to or less than 1.5 years. CALI was launched on Jul 11, 2023 and is issued by BlackRock.
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