Xtrackers California Municipal Bond ETF (CA) To Go Ex-Dividend on April 1st
by Danessa Lincoln · The Markets DailyXtrackers California Municipal Bond ETF (NYSEARCA:CA – Get Free Report) declared a dividend on Tuesday, March 31st, NASDAQ Dividends reports. Investors of record on Wednesday, April 1st will be paid a dividend of 0.0732 per share on Thursday, April 9th. The ex-dividend date of this dividend is Wednesday, April 1st. This is a 7.2% increase from Xtrackers California Municipal Bond ETF’s previous dividend of $0.07.
Xtrackers California Municipal Bond ETF has raised its dividend by an average of 0.0%per year over the last three years.
Xtrackers California Municipal Bond ETF Stock Performance
Shares of CA opened at $24.77 on Thursday. The stock has a 50-day moving average of $25.07 and a two-hundred day moving average of $25.03. The stock has a market cap of $21.05 million, a P/E ratio of 22.52 and a beta of 0.21. Xtrackers California Municipal Bond ETF has a one year low of $23.54 and a one year high of $25.43.
Hedge Funds Weigh In On Xtrackers California Municipal Bond ETF
An institutional investor recently bought a new position in Xtrackers California Municipal Bond ETF stock. Flow Traders U.S. LLC purchased a new position in shares of Xtrackers California Municipal Bond ETF (NYSEARCA:CA – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 27,214 shares of the company’s stock, valued at approximately $663,000. Flow Traders U.S. LLC owned about 3.20% of Xtrackers California Municipal Bond ETF at the end of the most recent quarter. Institutional investors and hedge funds own 69.66% of the company’s stock.
About Xtrackers California Municipal Bond ETF
The Xtrackers California Municipal Bond ETF (CA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of investment grade, tax-exempt California municipal bonds. CA was launched on Dec 14, 2023 and is issued by Xtrackers.