iShares Short-Term California Muni Active ETF (NASDAQ:CALI – Get Free Report) announced a monthly dividend on Wednesday, September 30th. Investors of record on Thursday, October 1st will be given a dividend of $0.1043 per share on Tuesday, October 6th. This represents a $1.25 dividend on an annualized basis and a dividend 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 Trading Up 0.2%
Shares of CALI opened at $49.81 on Thursday. The stock’s 50-day moving average price is $50.25 and its two-hundred day moving average price is $50.37. iShares Short-Term California Muni Active ETF has a 1 year low of $49.66 and a 1 year high of $51.39. The stock has a market cap of $537.95 million, a P/E ratio of -149.58 and a beta of 0.05.
Institutional Trading of iShares Short-Term California Muni Active ETF
A number of large investors have recently bought and sold shares of the business. McIlrath & Eck LLC bought a new position in iShares Short-Term California Muni Active ETF in the first quarter valued at approximately $1,390,000. Union Savings Bank bought a new stake in shares of iShares Short-Term California Muni Active ETF during the fourth quarter worth $350,000. Finally, Shah Wealth Advisors LLC acquired a new stake in shares of iShares Short-Term California Muni Active ETF during the second quarter worth $322,000.
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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