BlackRock Short-Term California Muni Bond ETF (NASDAQ:CALY) Stock Price Passes Above Fifty Day Moving Average – Should You Sell?

BlackRock Short-Term California Muni Bond ETF (NASDAQ:CALY) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 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 business’s fifty day moving average is $50.38 and its two-hundred day moving average is $50.29.

BlackRock Short-Term California Muni Bond ETF Announces Dividend

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

Institutional Trading of BlackRock Short-Term California Muni Bond ETF

Hedge funds have recently made changes to their positions in the business. NewEdge Advisors LLC bought a new stake in BlackRock Short-Term California Muni Bond ETF during the second quarter worth approximately $1,095,000. Citizens Financial Group Inc. RI increased its position in shares of BlackRock Short-Term California Muni Bond ETF by 0.6% during the 2nd quarter. Citizens Financial Group Inc. RI now owns 70,163 shares of the company’s stock valued at $3,522,000 after purchasing an additional 432 shares during the last quarter. Bell Investment Advisors Inc raised its holdings 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 valued at $378,000 after buying an additional 6,522 shares during the period. Alpha Financial Partners LLC bought a new stake in BlackRock Short-Term California Muni Bond ETF in the third quarter worth $300,000. Finally, AlphaStar Capital Management LLC boosted its stake in BlackRock Short-Term California Muni Bond ETF by 28.8% during the second quarter. AlphaStar Capital Management LLC now owns 7,818 shares of the company’s stock worth $392,000 after buying an additional 1,746 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.