iShares Short-Term California Muni Active ETF (NASDAQ:CALI – Get Free Report) declared a monthly dividend on Wednesday, September 30th. Investors of record on Thursday, October 1st will be paid a dividend of $0.1043 per share on Tuesday, October 6th. This represents a $1.25 annualized dividend and a yield of 2.5%. The ex-dividend date is Thursday, October 1st. This is a 3.9% increase from iShares Short-Term California Muni Active ETF’s previous monthly dividend of $0.1003.
iShares Short-Term California Muni Active ETF Stock Up 0.2%
CALI opened at $49.81 on Thursday. The business’s fifty day simple moving average is $50.25 and its 200 day simple moving average is $50.37. iShares Short-Term California Muni Active ETF has a 52 week low of $49.66 and a 52 week high of $51.39. The stock has a market cap of $537.95 million, a PE ratio of -149.58 and a beta of 0.05.
Hedge Funds Weigh In On iShares Short-Term California Muni Active ETF
Institutional investors have recently modified their holdings of the company. Shah Wealth Advisors LLC purchased a new stake in iShares Short-Term California Muni Active ETF in the second quarter worth approximately $322,000. McIlrath & Eck LLC purchased a new position in shares of iShares Short-Term California Muni Active ETF during the first quarter worth approximately $1,390,000. Finally, Union Savings Bank purchased a new position in shares of iShares Short-Term California Muni Active ETF during the fourth quarter worth approximately $350,000.
iShares Short-Term California Muni Active ETF Company Profile
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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