Portfolio Design Labs LLC Has $11.81 Million Holdings in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

Portfolio Design Labs LLC increased its position in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 7.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 236,430 shares of the company’s stock after purchasing an additional 15,707 shares during the quarter. iShares Short Maturity Municipal Bond Active ETF accounts for about 2.4% of Portfolio Design Labs LLC’s investment portfolio, making the stock its 8th largest holding. Portfolio Design Labs LLC owned about 1.91% of iShares Short Maturity Municipal Bond Active ETF worth $11,810,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Ullmann Wealth Partners Group LLC grew its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 4.8% during the third quarter. Ullmann Wealth Partners Group LLC now owns 337,663 shares of the company’s stock valued at $16,990,000 after purchasing an additional 15,505 shares during the last quarter. Global Retirement Partners LLC boosted its position in iShares Short Maturity Municipal Bond Active ETF by 5.7% during the 3rd 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. Rockwood Wealth Management LLC grew its stake in iShares Short Maturity Municipal Bond Active ETF by 8.6% during the 3rd quarter. Rockwood Wealth Management LLC now owns 951,988 shares of the company’s stock worth $47,899,000 after buying an additional 75,243 shares during the last quarter. Resonant Capital Advisors LLC increased its position in iShares Short Maturity Municipal Bond Active ETF by 30.3% in the third quarter. Resonant Capital Advisors LLC now owns 1,121,077 shares of the company’s stock worth $56,407,000 after buying an additional 260,890 shares during the period. Finally, Evernest Financial Advisors LLC lifted its stake in iShares Short Maturity Municipal Bond Active ETF by 2.0% in the third 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 during the last quarter.

iShares Short Maturity Municipal Bond Active ETF Price Performance

Shares of MEAR opened at $50.17 on Wednesday. The firm has a fifty day moving average of $50.07 and a 200-day moving average of $50.16. iShares Short Maturity Municipal Bond Active ETF has a 1 year low of $49.62 and a 1 year high of $50.17.

iShares Short Maturity Municipal Bond Active ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.1256 per share. The ex-dividend date was Monday, February 3rd.

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.