Resonant Capital Advisors LLC Boosts Holdings in iShares Short Maturity Municipal Bond Active ETF $MEAR

Resonant Capital Advisors LLC boosted its holdings in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 0.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,233,046 shares of the company’s stock after purchasing an additional 799 shares during the quarter. iShares Short Maturity Municipal Bond Active ETF accounts for about 4.0% of Resonant Capital Advisors LLC’s portfolio, making the stock its 3rd largest holding. Resonant Capital Advisors LLC owned approximately 5.49% of iShares Short Maturity Municipal Bond Active ETF worth $61,985,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Harbor Asset Planning Inc. acquired a new stake in shares of 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 second quarter worth about $90,000. Capital Advisors Ltd. LLC increased its holdings in iShares Short Maturity Municipal Bond Active ETF by 370.4% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 2,921 shares of the company’s stock valued at $147,000 after buying an additional 2,300 shares during the period. Concurrent Investment Advisors LLC acquired a new position in shares of iShares Short Maturity Municipal Bond Active ETF in the 1st quarter valued at approximately $200,000. Finally, Silver Oak Securities Incorporated acquired a new position in shares of iShares Short Maturity Municipal Bond Active ETF in the 2nd quarter valued at approximately $207,000.

iShares Short Maturity Municipal Bond Active ETF Trading Up 0.4%

BATS MEAR opened at $50.43 on Friday. The firm’s 50 day simple moving average is $50.45 and its 200 day simple moving average is $50.26. iShares Short Maturity Municipal Bond Active ETF has a 1 year low of $49.44 and a 1 year high of $50.51.

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.