Savant Capital LLC Lowers Position in iShares Short Maturity Municipal Bond Active ETF $MEAR

Savant Capital LLC cut its stake in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 21.5% during the 2nd quarter, Holdings Channel.com reports. The fund owned 126,382 shares of the company’s stock after selling 34,516 shares during the period. Savant Capital LLC’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $6,353,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Harbor Asset Planning Inc. purchased a new stake in shares of iShares Short Maturity Municipal Bond Active ETF in the second quarter valued at about $48,000. Financial Management Professionals Inc. purchased a new stake in iShares Short Maturity Municipal Bond Active ETF in the 2nd quarter valued at about $90,000. Capital Advisors Ltd. LLC lifted its position in shares of iShares Short Maturity Municipal Bond Active ETF by 370.4% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 2,921 shares of the company’s stock worth $147,000 after buying an additional 2,300 shares in the last quarter. Concurrent Investment Advisors LLC bought a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the 1st quarter worth approximately $200,000. Finally, Silver Oak Securities Incorporated purchased a new position in shares of iShares Short Maturity Municipal Bond Active ETF in the 2nd quarter worth approximately $207,000.

iShares Short Maturity Municipal Bond Active ETF Stock Up 0.2%

MEAR stock opened at $50.33 on Friday. The business has a 50 day moving average of $50.44 and a 200-day moving average of $50.29. 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 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.