McIlrath & Eck LLC Takes $1.39 Million Position in iShares Short-Term California Muni Active ETF $CALI

McIlrath & Eck LLC acquired a new stake in shares of iShares Short-Term California Muni Active ETF (NASDAQ:CALI) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 27,557 shares of the company’s stock, valued at approximately $1,390,000.

A number of other hedge funds also recently bought and sold shares of CALI. JPMorgan Chase & Co. bought a new stake in iShares Short-Term California Muni Active ETF during the 3rd quarter valued at $46,000. Union Savings Bank purchased a new stake in shares of iShares Short-Term California Muni Active ETF during the 4th quarter worth $350,000. Diversified Portfolios Inc. purchased a new stake in shares of iShares Short-Term California Muni Active ETF during the 4th quarter worth $629,000. Finally, Cary Street Partners Financial LLC lifted its stake in shares of iShares Short-Term California Muni Active ETF by 1.9% during the 4th quarter. Cary Street Partners Financial LLC now owns 26,239 shares of the company’s stock worth $1,324,000 after purchasing an additional 500 shares during the last quarter.

iShares Short-Term California Muni Active ETF Price Performance

CALI opened at $50.38 on Friday. The business’s 50-day moving average is $50.43 and its two-hundred day moving average is $50.49. iShares Short-Term California Muni Active ETF has a 1 year low of $50.04 and a 1 year high of $51.39. The firm has a market capitalization of $428.23 million, a PE ratio of -149.58 and a beta of 0.05.

iShares Short-Term California Muni Active ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a $0.1046 dividend. The ex-dividend date was Wednesday, July 1st.

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.