iShares Short Maturity Municipal Bond Active ETF $MEAR Shares Sold by Modern Wealth Management LLC

Modern Wealth Management LLC lowered its stake in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 22.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 55,112 shares of the company’s stock after selling 16,189 shares during the period. Modern Wealth Management LLC’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $2,771,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in MEAR. Royal Bank of Canada boosted its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 206.1% in the 1st quarter. Royal Bank of Canada now owns 107,035 shares of the company’s stock valued at $5,378,000 after purchasing an additional 72,073 shares during the last quarter. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of iShares Short Maturity Municipal Bond Active ETF during the 2nd quarter worth $120,000. NewEdge Advisors LLC increased its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 7.3% during the 2nd quarter. NewEdge Advisors LLC now owns 128,780 shares of the company’s stock worth $6,474,000 after buying an additional 8,740 shares during the last quarter. Jane Street Group LLC raised its position in shares of iShares Short Maturity Municipal Bond Active ETF by 468.5% in the 2nd quarter. Jane Street Group LLC now owns 131,042 shares of the company’s stock worth $6,587,000 after buying an additional 107,993 shares during the period. Finally, Bank of America Corp DE raised its position in shares of iShares Short Maturity Municipal Bond Active ETF by 21.4% in the 2nd quarter. Bank of America Corp DE now owns 1,149,777 shares of the company’s stock worth $57,799,000 after buying an additional 202,654 shares during the period.

iShares Short Maturity Municipal Bond Active ETF Trading Up 0.0%

Shares of iShares Short Maturity Municipal Bond Active ETF stock opened at $50.15 on Friday. iShares Short Maturity Municipal Bond Active ETF has a twelve month low of $50.10 and a twelve month high of $50.79. The business’s fifty day moving average price is $50.27 and its 200 day moving average price is $50.35.

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.