Elmwood Wealth Management Inc. bought a new stake in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 66,220 shares of the company’s stock, valued at approximately $3,286,000.
Other institutional investors have also recently made changes to their positions in the company. Rockwood Wealth Management LLC increased its position in shares of iShares Short Maturity Municipal Bond Active ETF by 3.9% during the first 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 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 valued at $83,902,000 after purchasing an additional 293,492 shares during the last quarter. Bank of America Corp DE raised its stake in 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 valued at $71,426,000 after purchasing an additional 245,078 shares during the last quarter. Foster Group Inc. acquired a new position in iShares Short Maturity Municipal Bond Active ETF in the 3rd quarter valued at $30,922,000. Finally, Cetera Investment Advisers lifted its holdings in iShares Short Maturity Municipal Bond Active ETF by 4.3% in the 1st quarter. Cetera Investment Advisers now owns 506,011 shares of the company’s stock valued at $25,473,000 after purchasing an additional 20,709 shares in the last quarter.
iShares Short Maturity Municipal Bond Active ETF Trading Up 0.1%
MEAR stock traded up $0.03 during midday trading on Wednesday, reaching $49.76. The stock had a trading volume of 393,499 shares, compared to its average volume of 200,894. iShares Short Maturity Municipal Bond Active ETF has a 52-week low of $49.48 and a 52-week high of $50.79. The company’s fifty day simple moving average is $49.97 and its 200 day simple moving average is $50.17.
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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