Modern Wealth Management LLC Boosts Position in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

Modern Wealth Management LLC grew its stake in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 129.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 84,336 shares of the company’s stock after buying an additional 47,621 shares during the period. Modern Wealth Management LLC owned 0.68% of iShares Short Maturity Municipal Bond Active ETF worth $4,234,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Farther Finance Advisors LLC bought a new stake in iShares Short Maturity Municipal Bond Active ETF during the fourth quarter valued at $60,000. Capital Investment Advisory Services LLC raised its holdings 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 valued at $99,000 after acquiring an additional 580 shares in the last quarter. BCGM Wealth Management LLC bought a new stake in shares of iShares Short Maturity Municipal Bond Active ETF during the 4th quarter valued at about $236,000. Valley National Advisers Inc. grew its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 39.9% during the fourth quarter. Valley National Advisers Inc. now owns 5,147 shares of the company’s stock worth $257,000 after purchasing an additional 1,467 shares in the last quarter. Finally, Legacy Solutions LLC purchased a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the fourth quarter worth about $258,000.

iShares Short Maturity Municipal Bond Active ETF Stock Up 0.4 %

Shares of MEAR opened at $50.18 on Wednesday. iShares Short Maturity Municipal Bond Active ETF has a 1-year low of $49.88 and a 1-year high of $51.10. The firm’s 50 day simple moving average is $50.16 and its 200 day simple moving average is $50.15.

iShares Short Maturity Municipal Bond Active ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1301 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost from iShares Short Maturity Municipal Bond Active ETF’s previous dividend of $0.13.

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.