DGS Capital Management LLC Buys 34,046 Shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

DGS Capital Management LLC increased its position in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 122.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 61,747 shares of the company’s stock after purchasing an additional 34,046 shares during the period. iShares Short Maturity Municipal Bond Active ETF accounts for 0.8% of DGS Capital Management LLC’s investment portfolio, making the stock its 18th largest holding. DGS Capital Management LLC’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $3,084,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MEAR. Aptus Capital Advisors LLC bought a new position in iShares Short Maturity Municipal Bond Active ETF in the 3rd quarter valued at about $33,000. Concurrent Investment Advisors LLC bought a new position in iShares Short Maturity Municipal Bond Active ETF during the third quarter worth about $201,000. Client 1ST Advisory Group LLC acquired a new stake in iShares Short Maturity Municipal Bond Active ETF in the 4th quarter worth about $271,000. CFS Investment Advisory Services LLC boosted its holdings in 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 valued at $273,000 after purchasing an additional 436 shares during the period. Finally, Tidal Investments LLC acquired a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the 3rd quarter worth approximately $332,000.

iShares Short Maturity Municipal Bond Active ETF Stock Up 0.3 %

MEAR opened at $50.11 on Friday. The company has a 50-day simple moving average of $50.09 and a 200 day simple moving average of $50.16. iShares Short Maturity Municipal Bond Active ETF has a twelve month low of $49.62 and a twelve month high of $50.17.

iShares Short Maturity Municipal Bond Active ETF Company 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.