Smart Money Group LLC Has $7.99 Million Stake in iShares Short Maturity Municipal Bond Active ETF $MEAR

Smart Money Group LLC grew its position in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 16.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 158,802 shares of the company’s stock after purchasing an additional 22,540 shares during the period. iShares Short Maturity Municipal Bond Active ETF makes up approximately 2.3% of Smart Money Group LLC’s investment portfolio, making the stock its 4th biggest position. Smart Money Group LLC owned 0.71% of iShares Short Maturity Municipal Bond Active ETF worth $7,994,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp boosted its stake in iShares Short Maturity Municipal Bond Active ETF by 725.3% during the first quarter. Bank of New York Mellon Corp now owns 428,835 shares of the company’s stock valued at $21,588,000 after buying an additional 376,871 shares during the last quarter. Sigma Planning Corp increased its stake in iShares Short Maturity Municipal Bond Active ETF by 2.7% in the 1st quarter. Sigma Planning Corp now owns 63,374 shares of the company’s stock worth $3,190,000 after acquiring an additional 1,659 shares during the last quarter. Evernest Financial Advisors LLC raised its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 33.1% during the 1st quarter. Evernest Financial Advisors LLC now owns 29,344 shares of the company’s stock worth $1,479,000 after acquiring an additional 7,299 shares in the last quarter. Chicago Partners Investment Group LLC boosted its position in shares of iShares Short Maturity Municipal Bond Active ETF by 32.1% during the 1st quarter. Chicago Partners Investment Group LLC now owns 15,752 shares of the company’s stock valued at $793,000 after acquiring an additional 3,828 shares during the last quarter. Finally, Valmark Advisers Inc. bought a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the 1st quarter valued at approximately $235,000.

iShares Short Maturity Municipal Bond Active ETF Trading Down 0.1%

MEAR stock opened at $50.23 on Friday. The company has a fifty day simple moving average of $50.28 and a two-hundred day simple moving average of $50.36. iShares Short Maturity Municipal Bond Active ETF has a 52 week low of $50.12 and a 52 week high of $50.79.

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.