iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) Reaches New 12-Month High – Time to Buy?

iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $50.25 and last traded at $50.19, with a volume of 33194 shares. The stock had previously closed at $50.21.

iShares Short Maturity Municipal Bond Active ETF Stock Down 0.0 %

The company has a fifty day moving average of $50.25 and a 200 day moving average of $50.14.

iShares Short Maturity Municipal Bond Active ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.1401 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Trading of iShares Short Maturity Municipal Bond Active ETF

A number of institutional investors have recently bought and sold shares of the company. Evernest Financial Advisors LLC boosted its stake in 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 acquiring an additional 282 shares in the last quarter. Global Retirement Partners LLC raised its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 5.7% during 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 during the period. Janney Montgomery Scott LLC boosted its position in shares of iShares Short Maturity Municipal Bond Active ETF by 34.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 10,733 shares of the company’s stock worth $538,000 after purchasing an additional 2,743 shares in the last quarter. Ullmann Wealth Partners Group LLC grew its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 4.8% in the 3rd quarter. Ullmann Wealth Partners Group LLC now owns 337,663 shares of the company’s stock valued at $16,990,000 after buying an additional 15,505 shares during the period. Finally, Elmwood Wealth Management Inc. grew its stake in iShares Short Maturity Municipal Bond Active ETF by 37.6% in the third quarter. Elmwood Wealth Management Inc. now owns 59,405 shares of the company’s stock valued at $2,989,000 after acquiring an additional 16,240 shares during the period.

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.