Fifth Third Bancorp Buys New Holdings in iShares Short Maturity Municipal Bond Active ETF $MEAR

Fifth Third Bancorp purchased a new position in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 30,691 shares of the company’s stock, valued at approximately $1,545,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MEAR. Newbridge Financial Services Group Inc. purchased a new stake in shares of iShares Short Maturity Municipal Bond Active ETF during the 2nd quarter worth $29,000. Centennial Bank AR increased its holdings in iShares Short Maturity Municipal Bond Active ETF by 183.6% in the fourth quarter. Centennial Bank AR now owns 1,730 shares of the company’s stock valued at $87,000 after buying an additional 1,120 shares during the last quarter. Blueline Advisors LLC acquired a new stake in iShares Short Maturity Municipal Bond Active ETF in the fourth quarter valued at $116,000. Northwestern Mutual Wealth Management Co. acquired a new stake in iShares Short Maturity Municipal Bond Active ETF in the second quarter valued at $120,000. Finally, Friedenthal Financial purchased a new stake in iShares Short Maturity Municipal Bond Active ETF during the 1st quarter worth about $134,000.

iShares Short Maturity Municipal Bond Active ETF Stock Down 0.2%

Shares of BATS MEAR opened at $50.13 on Friday. The business has a 50-day moving average of $50.27 and a two-hundred day moving average of $50.36. iShares Short Maturity Municipal Bond Active ETF has a 1 year low of $50.10 and a 1 year 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.