10,500 Shares in iShares Short Maturity Municipal Bond Active ETF $MEAR Bought by Forum Financial Management LP

Forum Financial Management LP purchased a new position in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 10,500 shares of the company’s stock, valued at approximately $528,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MEAR. Harbor Asset Planning Inc. acquired a new stake in iShares Short Maturity Municipal Bond Active ETF during the 2nd quarter worth $48,000. Financial Management Professionals Inc. acquired a new stake in iShares Short Maturity Municipal Bond Active ETF during the 2nd quarter worth $90,000. Capital Advisors Ltd. LLC raised its stake in 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 acquiring an additional 2,300 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new stake in iShares Short Maturity Municipal Bond Active ETF during the 1st quarter worth $200,000. Finally, Silver Oak Securities Incorporated acquired a new position in iShares Short Maturity Municipal Bond Active ETF in the second quarter valued at $207,000.

iShares Short Maturity Municipal Bond Active ETF Stock Performance

BATS MEAR opened at $50.43 on Friday. iShares Short Maturity Municipal Bond Active ETF has a one year low of $49.44 and a one year high of $50.51. The firm’s fifty day moving average is $50.45 and its two-hundred day moving average is $50.26.

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.