Webster Bank N. A. trimmed its position in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR – Free Report) by 71.3% during the first quarter, Holdings Channel reports. The institutional investor owned 4,016 shares of the company’s stock after selling 10,000 shares during the quarter. Webster Bank N. A.’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $202,000 as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. purchased a new position in iShares Short Maturity Municipal Bond Active ETF in the second quarter worth approximately $29,000. Centennial Bank AR increased its position in shares of iShares Short Maturity Municipal Bond Active ETF by 183.6% in the 4th quarter. Centennial Bank AR now owns 1,730 shares of the company’s stock valued at $87,000 after purchasing an additional 1,120 shares during the last quarter. Blueline Advisors LLC purchased a new stake in shares of iShares Short Maturity Municipal Bond Active ETF in the 4th quarter valued at approximately $116,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of iShares Short Maturity Municipal Bond Active ETF in the 2nd quarter valued at $120,000. Finally, Steward Partners Investment Advisory LLC acquired a new stake in shares of iShares Short Maturity Municipal Bond Active ETF in the 4th quarter valued at $196,000.
iShares Short Maturity Municipal Bond Active ETF Stock Down 0.0%
iShares Short Maturity Municipal Bond Active ETF stock opened at $50.33 on Wednesday. The company has a fifty day simple moving average of $50.29 and a 200-day simple moving average of $50.36. iShares Short Maturity Municipal Bond Active ETF has a 12-month low of $50.12 and a 12-month high of $50.79.
About iShares Short Maturity Municipal Bond Active ETF
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.
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Want to see what other hedge funds are holding MEAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR – Free Report).
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