Summit Wealth Partners LLC Acquires New Position in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

Summit Wealth Partners LLC acquired a new stake in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 7,334 shares of the company’s stock, valued at approximately $369,000. Summit Wealth Partners LLC owned about 0.06% of iShares Short Maturity Municipal Bond Active ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. Evernest Financial Advisors LLC grew its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 2.0% during the third quarter. Evernest Financial Advisors LLC now owns 14,527 shares of the company’s stock worth $731,000 after purchasing an additional 282 shares during the period. Global Retirement Partners LLC increased its stake in iShares Short Maturity Municipal Bond Active ETF by 5.7% in the third quarter. Global Retirement Partners LLC now owns 17,259 shares of the company’s stock valued at $868,000 after purchasing an additional 935 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in iShares Short Maturity Municipal Bond Active ETF by 34.3% in the first quarter. Janney Montgomery Scott LLC now owns 10,733 shares of the company’s stock valued at $538,000 after purchasing an additional 2,743 shares in the last quarter. Ullmann Wealth Partners Group LLC raised its holdings in iShares Short Maturity Municipal Bond Active ETF by 4.8% in the third quarter. Ullmann Wealth Partners Group LLC now owns 337,663 shares of the company’s stock worth $16,990,000 after purchasing an additional 15,505 shares during the period. Finally, Elmwood Wealth Management Inc. boosted its position in shares of iShares Short Maturity Municipal Bond Active ETF by 37.6% during the third quarter. Elmwood Wealth Management Inc. now owns 59,405 shares of the company’s stock worth $2,989,000 after purchasing an additional 16,240 shares in the last quarter.

iShares Short Maturity Municipal Bond Active ETF Stock Performance

MEAR opened at $50.15 on Friday. iShares Short Maturity Municipal Bond Active ETF has a 12 month low of $49.62 and a 12 month high of $50.17. The company has a fifty day simple moving average of $50.24 and a 200 day simple moving average of $50.15.

iShares Short Maturity Municipal Bond Active ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.1401 per share. The ex-dividend date was Tuesday, September 3rd.

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.