Asset Allocation Strategies LLC purchased a new stake in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR – Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 33,078 shares of the company’s stock, valued at approximately $1,665,000.
A number of other hedge funds also recently made changes to their positions in the business. Newbridge Financial Services Group Inc. bought a new stake in iShares Short Maturity Municipal Bond Active ETF in the second quarter valued at about $29,000. Centennial Bank AR lifted its stake in iShares Short Maturity Municipal Bond Active ETF by 183.6% during the fourth quarter. Centennial Bank AR now owns 1,730 shares of the company’s stock worth $87,000 after purchasing an additional 1,120 shares during the period. Blueline Advisors LLC acquired a new stake in iShares Short Maturity Municipal Bond Active ETF during the fourth quarter valued at approximately $116,000. Northwestern Mutual Wealth Management Co. acquired a new stake in iShares Short Maturity Municipal Bond Active ETF during the second quarter valued at approximately $120,000. Finally, Friedenthal Financial bought a new stake in shares of iShares Short Maturity Municipal Bond Active ETF in the 1st quarter valued at approximately $134,000.
iShares Short Maturity Municipal Bond Active ETF Price Performance
Shares of MEAR opened at $50.38 on Monday. iShares Short Maturity Municipal Bond Active ETF has a 1 year low of $50.12 and a 1 year high of $50.79. The stock has a 50 day simple moving average of $50.29 and a 200-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.
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