Citizens Financial Group Inc. RI Purchases New Position in BlackRock Short-Term California Muni Bond ETF (NASDAQ:CALY)

Posted by Lisa Durand on Apr 27th, 2024

Citizens Financial Group Inc. RI purchased a new stake in shares of BlackRock Short-Term California Muni Bond ETF (NASDAQ:CALY – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 68,033 shares of the company’s stock, valued at approximately $3,424,000. Citizens Financial Group Inc. RI owned 0.17% of BlackRock Short-Term California Muni Bond ETF at the end of the most recent reporting period.

Separately, Elmwood Wealth Management Inc. purchased a new position in BlackRock Short-Term California Muni Bond ETF during the 4th quarter valued at about $440,000.

BlackRock Short-Term California Muni Bond ETF Stock Performance

Shares of CALY stock remained flat at $50.12 during midday trading on Friday. The company’s stock had a trading volume of 5,078 shares, compared to its average volume of 5,318. BlackRock Short-Term California Muni Bond ETF has a 1 year low of $49.68 and a 1 year high of $50.50. The company has a 50-day simple moving average of $50.19 and a 200 day simple moving average of $50.15.

BlackRock Short-Term California Muni Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.1336 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.20%.

BlackRock Short-Term California Muni Bond ETF Company Profile

(Free Report)

The BlackRock Short-Term California Muni Bond ETF (CALY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund 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.