iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) Sets New 1-Year Low – Here’s What Happened

iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) reached a new 52-week low on Monday . The company traded as low as $49.90 and last traded at $49.95, with a volume of 7439 shares changing hands. The stock had previously closed at $49.93.

iShares Short Maturity Municipal Bond Active ETF Trading Up 0.0%

The firm has a fifty day moving average of $50.18 and a two-hundred day moving average of $50.28.

Institutional Trading of iShares Short Maturity Municipal Bond Active ETF

Institutional investors have recently made changes to their positions in the stock. Newbridge Financial Services Group Inc. purchased a new position in shares of iShares Short Maturity Municipal Bond Active ETF in the second quarter worth $29,000. Centennial Bank AR grew its holdings in 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 worth $87,000 after acquiring an additional 1,120 shares during the last quarter. Blueline Advisors LLC bought a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the fourth quarter valued at about $116,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the second quarter valued at about $120,000. Finally, Friedenthal Financial purchased a new stake in shares of iShares Short Maturity Municipal Bond Active ETF during the first quarter worth about $134,000.

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.