Financial Management Network Inc. Has $1.26 Million Stock Holdings in BlackRock Short-Term California Muni Bond ETF (NASDAQ:CALY)

Financial Management Network Inc. raised its position in BlackRock Short-Term California Muni Bond ETF (NASDAQ:CALY) by 488.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,160 shares of the company’s stock after buying an additional 20,882 shares during the quarter. Financial Management Network Inc.’s holdings in BlackRock Short-Term California Muni Bond ETF were worth $1,264,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CALY. TriaGen Wealth Management LLC lifted its position in shares of BlackRock Short-Term California Muni Bond ETF by 2.0% during the 4th quarter. TriaGen Wealth Management LLC now owns 11,531 shares of the company’s stock valued at $578,000 after acquiring an additional 231 shares during the period. Richard P Slaughter Associates Inc lifted its position in shares of BlackRock Short-Term California Muni Bond ETF by 13.7% during the 4th quarter. Richard P Slaughter Associates Inc now owns 8,962 shares of the company’s stock valued at $450,000 after acquiring an additional 1,083 shares during the period. Citizens Financial Group Inc. RI lifted its position in shares of BlackRock Short-Term California Muni Bond ETF by 1.7% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 71,332 shares of the company’s stock valued at $3,602,000 after acquiring an additional 1,169 shares during the period. Integrated Wealth Concepts LLC bought a new stake in shares of BlackRock Short-Term California Muni Bond ETF during the 3rd quarter valued at $250,000. Finally, Alpha Financial Partners LLC bought a new stake in shares of BlackRock Short-Term California Muni Bond ETF during the 3rd quarter valued at $300,000.

BlackRock Short-Term California Muni Bond ETF Trading Up 0.1 %

NASDAQ:CALY opened at $50.33 on Wednesday. The stock has a fifty day moving average price of $50.29 and a 200-day moving average price of $50.35. BlackRock Short-Term California Muni Bond ETF has a fifty-two week low of $49.68 and a fifty-two week high of $50.65.

About BlackRock Short-Term California Muni Bond ETF

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.