HighTower Advisors LLC Grows Position in iShares Short Maturity Municipal Bond Active ETF $MEAR

HighTower Advisors LLC boosted its position in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 127.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 194,412 shares of the company’s stock after buying an additional 109,109 shares during the period. HighTower Advisors LLC owned 0.87% of iShares Short Maturity Municipal Bond Active ETF worth $9,820,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of MEAR. Horizon Wealth Management LLC increased its position in iShares Short Maturity Municipal Bond Active ETF by 5.7% in the 3rd quarter. Horizon Wealth Management LLC now owns 62,925 shares of the company’s stock valued at $3,178,000 after acquiring an additional 3,409 shares during the period. Elmwood Wealth Management Inc. increased its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 6.3% in the third quarter. Elmwood Wealth Management Inc. now owns 81,425 shares of the company’s stock valued at $4,113,000 after purchasing an additional 4,820 shares during the period. Stratos Wealth Partners LTD. raised its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 28.2% during the third quarter. Stratos Wealth Partners LTD. now owns 40,668 shares of the company’s stock worth $2,054,000 after purchasing an additional 8,950 shares during the last quarter. Titleist Asset Management LLC lifted its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 7.5% during the third quarter. Titleist Asset Management LLC now owns 35,007 shares of the company’s stock worth $1,768,000 after purchasing an additional 2,438 shares during the period. Finally, Savant Capital LLC lifted its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 16.0% during the third quarter. Savant Capital LLC now owns 146,595 shares of the company’s stock worth $7,405,000 after purchasing an additional 20,213 shares during the period.

iShares Short Maturity Municipal Bond Active ETF Price Performance

Shares of MEAR opened at $50.58 on Friday. The company’s fifty day moving average is $50.41 and its two-hundred day moving average is $50.41. iShares Short Maturity Municipal Bond Active ETF has a 1 year low of $49.44 and a 1 year high of $50.78.

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.