Proficio Capital Partners LLC purchased a new stake in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 501,245 shares of the company’s stock, valued at approximately $25,253,000. iShares Short Maturity Municipal Bond Active ETF accounts for 0.9% of Proficio Capital Partners LLC’s portfolio, making the stock its 24th largest position. Proficio Capital Partners LLC owned 2.23% of iShares Short Maturity Municipal Bond Active ETF as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also added to or reduced their stakes in the business. Core Wealth Advisors Inc. increased its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 79.8% in the first quarter. Core Wealth Advisors Inc. now owns 24,821 shares of the company’s stock valued at $1,249,000 after purchasing an additional 11,013 shares during the last quarter. Cresta Advisors Ltd. acquired a new stake in shares of iShares Short Maturity Municipal Bond Active ETF during the 4th quarter worth about $2,471,000. UBS Group AG lifted its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 26.4% during the 4th quarter. UBS Group AG now owns 166,354 shares of the company’s stock worth $8,371,000 after buying an additional 34,745 shares during the last quarter. Resonant Capital Advisors LLC boosted its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 21.4% during the 1st quarter. Resonant Capital Advisors LLC now owns 1,666,710 shares of the company’s stock worth $83,902,000 after buying an additional 293,492 shares during the period. Finally, MMA Asset Management LLC bought a new stake in shares of iShares Short Maturity Municipal Bond Active ETF during the 4th quarter worth about $1,211,000.
iShares Short Maturity Municipal Bond Active ETF Trading Down 0.0%
Shares of MEAR opened at $50.21 on Tuesday. iShares Short Maturity Municipal Bond Active ETF has a 52 week low of $50.09 and a 52 week high of $50.79. The firm’s 50-day simple moving average is $50.24 and its 200 day simple moving average is $50.31.
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.
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