Advisory Services Network LLC Lowers Stock Holdings in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

Advisory Services Network LLC cut its stake in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 14.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,635 shares of the company’s stock after selling 1,157 shares during the period. Advisory Services Network LLC’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $331,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in MEAR. Stifel Financial Corp raised its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 15.9% during the third quarter. Stifel Financial Corp now owns 40,703 shares of the company’s stock worth $2,048,000 after purchasing an additional 5,574 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 302.2% in the third quarter. JPMorgan Chase & Co. now owns 1,392,166 shares of the company’s stock valued at $70,047,000 after acquiring an additional 1,046,053 shares in the last quarter. Jane Street Group LLC increased its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 112.7% during the third quarter. Jane Street Group LLC now owns 20,641 shares of the company’s stock worth $1,039,000 after acquiring an additional 10,937 shares during the period. Commonwealth Equity Services LLC raised its holdings in iShares Short Maturity Municipal Bond Active ETF by 3.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 58,544 shares of the company’s stock worth $2,924,000 after purchasing an additional 2,067 shares in the last quarter. Finally, Modern Wealth Management LLC lifted its position in iShares Short Maturity Municipal Bond Active ETF by 129.7% in the fourth quarter. Modern Wealth Management LLC now owns 84,336 shares of the company’s stock valued at $4,234,000 after purchasing an additional 47,621 shares during the period.

iShares Short Maturity Municipal Bond Active ETF Trading Down 0.1 %

BATS MEAR opened at $49.95 on Friday. The business’s 50 day moving average is $50.13 and its two-hundred day moving average is $50.13. iShares Short Maturity Municipal Bond Active ETF has a 12-month low of $49.44 and a 12-month high of $51.10.

iShares Short Maturity Municipal Bond Active ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.1301 per share. The ex-dividend date was Monday, March 3rd. This is a positive change from iShares Short Maturity Municipal Bond Active ETF’s previous dividend of $0.13.

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.