BlackRock Short-Term California Muni Bond ETF (NASDAQ:CALY) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

BlackRock Short-Term California Muni Bond ETF (NASDAQ:CALY) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $50.38 and traded as high as $50.49. BlackRock Short-Term California Muni Bond ETF shares last traded at $50.34, with a volume of 11,879 shares changing hands.

BlackRock Short-Term California Muni Bond ETF Price Performance

The company’s 50-day moving average is $50.38 and its 200 day moving average is $50.29.

BlackRock Short-Term California Muni Bond ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.1283 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

Hedge Funds Weigh In On BlackRock Short-Term California Muni Bond ETF

Several hedge funds have recently made changes to their positions in the company. Financial Management Network Inc. purchased a new position in BlackRock Short-Term California Muni Bond ETF during the 3rd quarter worth approximately $215,000. Integrated Wealth Concepts LLC purchased a new position in shares of BlackRock Short-Term California Muni Bond ETF during the third quarter worth $250,000. Alpha Financial Partners LLC acquired a new position in BlackRock Short-Term California Muni Bond ETF during the third quarter valued at $300,000. TriaGen Wealth Management LLC boosted its holdings in BlackRock Short-Term California Muni Bond ETF by 33.7% in the second quarter. TriaGen Wealth Management LLC now owns 6,867 shares of the company’s stock valued at $345,000 after purchasing an additional 1,729 shares during the last quarter. Finally, Bell Investment Advisors Inc grew its position in BlackRock Short-Term California Muni Bond ETF by 641.9% during the 2nd quarter. Bell Investment Advisors Inc now owns 7,538 shares of the company’s stock worth $378,000 after purchasing an additional 6,522 shares during the period.

BlackRock Short-Term California Muni Bond ETF Company Profile

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.