Aprio Wealth Management LLC Makes New $2.32 Million Investment in iShares Short Maturity Municipal Bond Active ETF $MEAR

Aprio Wealth Management LLC purchased a new position in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 46,670 shares of the company’s stock, valued at approximately $2,316,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 2.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 12,062 shares of the company’s stock valued at $607,000 after acquiring an additional 240 shares in the last quarter. Centennial Bank AR increased its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 23.6% in the 1st quarter. Centennial Bank AR now owns 2,139 shares of the company’s stock valued at $108,000 after acquiring an additional 409 shares during the last quarter. Kestra Private Wealth Services LLC raised its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 7.5% during the first quarter. Kestra Private Wealth Services LLC now owns 10,050 shares of the company’s stock worth $506,000 after purchasing an additional 698 shares during the period. Highland Financial Advisors LLC grew its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 3.2% during the second quarter. Highland Financial Advisors LLC now owns 41,490 shares of the company’s stock valued at $2,090,000 after purchasing an additional 1,272 shares during the last quarter. Finally, CX Institutional acquired a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the third quarter valued at $76,000.

iShares Short Maturity Municipal Bond Active ETF Stock Performance

Shares of BATS MEAR opened at $50.07 on Friday. The firm’s 50-day simple moving average is $49.90 and its 200 day simple moving average is $50.23. iShares Short Maturity Municipal Bond Active ETF has a fifty-two week low of $49.48 and a fifty-two week high of $50.79.

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.