iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR – Get Free Report) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 67,792 shares, a decline of 64.5% from the September 30th total of 191,092 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 426,883 shares, the days-to-cover ratio is presently 0.2 days.
iShares Short Maturity Municipal Bond Active ETF Trading Up 0.1%
Shares of MEAR opened at $50.06 on Thursday. iShares Short Maturity Municipal Bond Active ETF has a twelve month low of $49.48 and a twelve month high of $50.79. The business’s 50-day moving average price is $49.91 and its 200-day moving average price is $50.23.
Hedge Funds Weigh In On iShares Short Maturity Municipal Bond Active ETF
Hedge funds have recently bought and sold shares of the company. Rockwood Wealth Management LLC lifted its stake in iShares Short Maturity Municipal Bond Active ETF by 3.9% in the 1st quarter. Rockwood Wealth Management LLC now owns 2,276,419 shares of the company’s stock worth $114,595,000 after purchasing an additional 85,260 shares in the last quarter. Resonant Capital Advisors LLC lifted its holdings 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 buying an additional 293,492 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% in the 1st quarter. Bank of America Corp DE now owns 1,418,879 shares of the company’s stock worth $71,426,000 after buying an additional 245,078 shares during the last quarter. Foster Group Inc. bought a new stake in shares of iShares Short Maturity Municipal Bond Active ETF in the 3rd quarter worth approximately $30,922,000. Finally, Cetera Investment Advisers increased its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 4.3% during the first quarter. Cetera Investment Advisers now owns 506,011 shares of the company’s stock valued at $25,473,000 after buying an additional 20,709 shares during the period.
About iShares Short Maturity Municipal Bond Active ETF
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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