Bellecapital International Ltd. Takes $1.01 Million Position in iShares Short Maturity Municipal Bond Active ETF $MEAR

Bellecapital International Ltd. purchased a new position in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) during the 3rd quarter, HoldingsChannel reports. The fund purchased 19,908 shares of the company’s stock, valued at approximately $1,006,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Capital Advisors Ltd. LLC raised its stake in iShares Short Maturity Municipal Bond Active ETF by 52.1% in the third quarter. Capital Advisors Ltd. LLC now owns 4,443 shares of the company’s stock valued at $224,000 after purchasing an additional 1,522 shares in the last quarter. Syntegra Private Wealth Group LLC grew its position in iShares Short Maturity Municipal Bond Active ETF by 80.4% in the third quarter. Syntegra Private Wealth Group LLC now owns 20,552 shares of the company’s stock worth $1,038,000 after acquiring an additional 9,160 shares in the last quarter. CWM LLC increased its stake in iShares Short Maturity Municipal Bond Active ETF by 12.6% in the third quarter. CWM LLC now owns 168,672 shares of the company’s stock valued at $8,520,000 after acquiring an additional 18,929 shares during the last quarter. Independent Wealth Network Inc. purchased a new stake in iShares Short Maturity Municipal Bond Active ETF during the third quarter valued at about $211,000. Finally, Foster Group Inc. raised its position in iShares Short Maturity Municipal Bond Active ETF by 1.5% during the third quarter. Foster Group Inc. now owns 527,331 shares of the company’s stock valued at $26,635,000 after purchasing an additional 7,728 shares in the last quarter.

iShares Short Maturity Municipal Bond Active ETF Stock Up 0.1%

Shares of MEAR opened at $50.28 on Friday. iShares Short Maturity Municipal Bond Active ETF has a 1 year low of $49.44 and a 1 year high of $50.51. The stock has a 50 day simple moving average of $50.35 and a two-hundred day simple moving average of $50.36.

iShares Short Maturity Municipal Bond Active ETF Company Profile

The iShares Short Maturity Municipal Bond ETF (MEAR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund holds a portfolio of actively managed municipal bonds and targets a weighted average portfolio maturity of 3 years or less. MEAR was launched on Mar 3, 2015 and is managed by BlackRock.