Bessemer Group Inc. Takes $1.08 Million Position in iShares Short Maturity Municipal Bond Active ETF $MEAR

Bessemer Group Inc. purchased a new stake in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) in the first quarter, Holdings Channel reports. The firm purchased 21,537 shares of the company’s stock, valued at approximately $1,084,000.

Other hedge funds have also bought and sold shares of the company. Advisory Services Network LLC boosted its position in iShares Short Maturity Municipal Bond Active ETF by 4.2% in the third quarter. Advisory Services Network LLC now owns 8,485 shares of the company’s stock worth $429,000 after purchasing an additional 339 shares during the last quarter. Meeder Advisory Services Inc. increased its position in shares of iShares Short Maturity Municipal Bond Active ETF by 0.9% during the 4th quarter. Meeder Advisory Services Inc. now owns 43,057 shares of the company’s stock valued at $2,167,000 after purchasing an additional 380 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 0.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 53,536 shares of the company’s stock worth $2,693,000 after purchasing an additional 388 shares during the period. Fidelis Capital Partners LLC raised its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 10.6% during the 4th quarter. Fidelis Capital Partners LLC now owns 4,854 shares of the company’s stock worth $244,000 after purchasing an additional 465 shares during the period. Finally, Kestra Private Wealth Services LLC boosted its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 5.4% in the 4th quarter. Kestra Private Wealth Services LLC now owns 9,352 shares of the company’s stock worth $471,000 after buying an additional 482 shares during the last quarter.

iShares Short Maturity Municipal Bond Active ETF Price Performance

Shares of BATS:MEAR opened at $50.13 on Friday. The company’s 50-day moving average is $50.27 and its 200 day moving average is $50.36. iShares Short Maturity Municipal Bond Active ETF has a fifty-two week low of $50.10 and a fifty-two week high of $50.79.

iShares Short Maturity Municipal Bond Active ETF 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.