Financial Management Professionals Inc. Acquires New Holdings in iShares Short Maturity Municipal Bond Active ETF $MEAR

Financial Management Professionals Inc. acquired a new stake in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) during the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 1,783 shares of the company’s stock, valued at approximately $90,000.

Several other institutional investors also recently bought and sold shares of the business. D.A. Davidson & CO. increased its holdings in iShares Short Maturity Municipal Bond Active ETF by 2.0% during the first quarter. D.A. Davidson & CO. now owns 21,204 shares of the company’s stock valued at $1,065,000 after buying an additional 420 shares during the period. Valley National Advisers Inc. increased its holdings in iShares Short Maturity Municipal Bond Active ETF by 10.2% during the first quarter. Valley National Advisers Inc. now owns 5,674 shares of the company’s stock valued at $285,000 after buying an additional 527 shares during the period. Evernest Financial Advisors LLC increased its holdings in iShares Short Maturity Municipal Bond Active ETF by 9.5% during the first quarter. Evernest Financial Advisors LLC now owns 16,756 shares of the company’s stock valued at $842,000 after buying an additional 1,452 shares during the period. CX Institutional purchased a new position in iShares Short Maturity Municipal Bond Active ETF in the first quarter worth $75,000. Finally, Alexander Randolph Advisory Inc. grew its holdings in iShares Short Maturity Municipal Bond Active ETF by 29.9% in the first quarter. Alexander Randolph Advisory Inc. now owns 6,495 shares of the company’s stock worth $326,000 after purchasing an additional 1,495 shares during the last quarter.

iShares Short Maturity Municipal Bond Active ETF Stock Up 0.6%

BATS MEAR opened at $50.55 on Thursday. The firm’s fifty day simple moving average is $50.42 and its two-hundred day simple moving average is $50.21. iShares Short Maturity Municipal Bond Active ETF has a 12-month low of $49.44 and a 12-month high of $50.51.

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.