Foster Group Inc. Has $30.86 Million Position in iShares Short Maturity Municipal Bond Active ETF $MEAR

Foster Group Inc. boosted its position in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 3.8% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 612,466 shares of the company’s stock after buying an additional 22,590 shares during the period. iShares Short Maturity Municipal Bond Active ETF comprises about 0.8% of Foster Group Inc.’s portfolio, making the stock its 29th biggest holding. Foster Group Inc.’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $30,856,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MEAR. Rockwood Wealth Management LLC boosted its position in shares of iShares Short Maturity Municipal Bond Active ETF by 3.9% in the first quarter. Rockwood Wealth Management LLC now owns 2,276,419 shares of the company’s stock valued at $114,595,000 after acquiring an additional 85,260 shares during the period. Resonant Capital Advisors LLC raised its stake in iShares Short Maturity Municipal Bond Active ETF by 21.4% in the 1st quarter. Resonant Capital Advisors LLC now owns 1,666,710 shares of the company’s stock worth $83,902,000 after purchasing an additional 293,492 shares in the last quarter. Captrust Financial Advisors boosted its holdings in iShares Short Maturity Municipal Bond Active ETF by 16.8% in the 4th quarter. Captrust Financial Advisors now owns 1,470,159 shares of the company’s stock valued at $73,978,000 after purchasing an additional 211,363 shares during the period. Bank of America Corp DE grew its position in shares of iShares Short Maturity Municipal Bond Active ETF by 20.9% during the 1st quarter. Bank of America Corp DE now owns 1,418,879 shares of the company’s stock worth $71,426,000 after purchasing an additional 245,078 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 10.3% during the fourth quarter. LPL Financial LLC now owns 672,920 shares of the company’s stock worth $33,861,000 after purchasing an additional 62,938 shares during the period.

iShares Short Maturity Municipal Bond Active ETF Trading Up 0.0%

BATS MEAR opened at $50.17 on Thursday. The company has a 50 day moving average of $50.27 and a 200-day moving average of $50.34. 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.