55 North Private Wealth LLC increased its stake in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR – Free Report) by 98.7% during the 2nd quarter, Holdings Channel reports. The fund owned 189,921 shares of the company’s stock after purchasing an additional 94,353 shares during the quarter. iShares Short Maturity Municipal Bond Active ETF makes up approximately 1.9% of 55 North Private Wealth LLC’s investment portfolio, making the stock its 9th biggest position. 55 North Private Wealth LLC’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $9,568,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Royal Bank of Canada grew its stake in iShares Short Maturity Municipal Bond Active ETF by 206.1% during the 1st quarter. Royal Bank of Canada now owns 107,035 shares of the company’s stock worth $5,378,000 after purchasing an additional 72,073 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new stake in iShares Short Maturity Municipal Bond Active ETF in the 2nd quarter valued at about $120,000. NewEdge Advisors LLC raised its position in iShares Short Maturity Municipal Bond Active ETF by 7.3% in the 2nd quarter. NewEdge Advisors LLC now owns 128,780 shares of the company’s stock valued at $6,474,000 after purchasing an additional 8,740 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 468.5% in the 2nd quarter. Jane Street Group LLC now owns 131,042 shares of the company’s stock valued at $6,587,000 after buying an additional 107,993 shares during the period. Finally, Bank of America Corp DE boosted its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 21.4% in the 2nd quarter. Bank of America Corp DE now owns 1,149,777 shares of the company’s stock valued at $57,799,000 after buying an additional 202,654 shares during the period.
iShares Short Maturity Municipal Bond Active ETF Price Performance
Shares of iShares Short Maturity Municipal Bond Active ETF stock opened at $50.14 on Friday. iShares Short Maturity Municipal Bond Active ETF has a one year low of $50.10 and a one year high of $50.79. The business has a 50-day simple moving average of $50.26 and a 200-day simple moving average of $50.34.
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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Want to see what other hedge funds are holding MEAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR – Free Report).
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