Cary Street Partners Financial LLC purchased a new position in shares of iShares Short-Term California Muni Active ETF (NASDAQ:CALI – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 25,739 shares of the company’s stock, valued at approximately $1,304,000. Cary Street Partners Financial LLC owned approximately 0.75% of iShares Short-Term California Muni Active ETF as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Union Savings Bank boosted its holdings in iShares Short-Term California Muni Active ETF by 34.0% during the second quarter. Union Savings Bank now owns 6,554 shares of the company’s stock worth $331,000 after purchasing an additional 1,662 shares during the last quarter. Cheviot Value Management LLC acquired a new stake in iShares Short-Term California Muni Active ETF in the 2nd quarter valued at $88,000. Finally, JPMorgan Chase & Co. bought a new stake in iShares Short-Term California Muni Active ETF during the 3rd quarter worth about $46,000.
iShares Short-Term California Muni Active ETF Price Performance
iShares Short-Term California Muni Active ETF stock opened at $50.76 on Friday. The company has a market cap of $261.41 million, a price-to-earnings ratio of -149.58 and a beta of 0.06. The firm has a 50-day moving average of $50.59 and a 200-day moving average of $50.57. iShares Short-Term California Muni Active ETF has a one year low of $49.57 and a one year high of $50.79.
iShares Short-Term California Muni Active ETF Cuts Dividend
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.
Further Reading
- Five stocks we like better than iShares Short-Term California Muni Active ETF
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- The Biggest IPO Ever… Open to Everyday Folks
- Silver records prices are great. Monthly income is better
- Read this or regret it forever
Receive News & Ratings for iShares Short-Term California Muni Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Short-Term California Muni Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
