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

Citizens Financial Group Inc. RI purchased a new stake in shares of BlackRock Short-Term California Muni Bond ETF (NASDAQ:CALY) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 68,033 shares of the company’s stock, valued at approximately $3,424,000. Citizens Financial Group Inc. RI owned about 17.01% of BlackRock Short-Term California Muni Bond ETF at the end of the most recent quarter.

Separately, Elmwood Wealth Management Inc. purchased a new stake in BlackRock Short-Term California Muni Bond ETF in the fourth quarter worth $440,000.

BlackRock Short-Term California Muni Bond ETF Price Performance

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

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 given a $0.1336 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.20%. The ex-dividend date of this dividend was Monday, April 1st.

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.