Summit Trail Advisors LLC Purchases New Shares in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

Summit Trail Advisors LLC acquired a new position in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) in the 4th quarter, Holdings Channel reports. The firm acquired 12,447 shares of the company’s stock, valued at approximately $622,000.

Several other institutional investors and hedge funds have also recently modified their holdings of MEAR. Lantz Financial LLC grew its stake in iShares Short Maturity Municipal Bond Active ETF by 4.1% in the fourth quarter. Lantz Financial LLC now owns 6,190 shares of the company’s stock worth $309,000 after purchasing an additional 245 shares during the period. Evernest Financial Advisors LLC boosted its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 2.0% during the 3rd quarter. Evernest Financial Advisors LLC now owns 14,527 shares of the company’s stock valued at $731,000 after buying an additional 282 shares in the last quarter. CFS Investment Advisory Services LLC grew its position in shares of iShares Short Maturity Municipal Bond Active ETF by 8.7% in the 3rd quarter. CFS Investment Advisory Services LLC now owns 5,431 shares of the company’s stock worth $273,000 after buying an additional 436 shares during the period. Capital Investment Advisory Services LLC increased its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 41.1% in the 4th quarter. Capital Investment Advisory Services LLC now owns 1,990 shares of the company’s stock worth $99,000 after acquiring an additional 580 shares in the last quarter. Finally, Aptus Capital Advisors LLC purchased a new position in iShares Short Maturity Municipal Bond Active ETF during the 3rd quarter valued at about $33,000.

iShares Short Maturity Municipal Bond Active ETF Price Performance

BATS:MEAR opened at $50.17 on Wednesday. iShares Short Maturity Municipal Bond Active ETF has a one year low of $49.62 and a one year high of $50.17. The company’s 50-day simple moving average is $50.07 and its 200 day simple moving average is $50.16.

iShares Short Maturity Municipal Bond Active ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.1256 dividend. The ex-dividend date of this dividend was Monday, February 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.