Truist Financial Corp Cuts Stake in iShares Short Maturity Municipal Bond Active ETF $MEAR

Truist Financial Corp lowered its position in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 38.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 19,988 shares of the company’s stock after selling 12,352 shares during the quarter. Truist Financial Corp’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $1,006,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Benjamin Edwards Inc. raised its position in iShares Short Maturity Municipal Bond Active ETF by 5.8% during the 4th quarter. Benjamin Edwards Inc. now owns 10,591 shares of the company’s stock worth $533,000 after buying an additional 582 shares during the last quarter. Sigma Planning Corp raised its position in iShares Short Maturity Municipal Bond Active ETF by 12.9% during the 4th quarter. Sigma Planning Corp now owns 61,715 shares of the company’s stock worth $3,105,000 after buying an additional 7,066 shares during the last quarter. Smart Money Group LLC raised its position in iShares Short Maturity Municipal Bond Active ETF by 2.4% during the 4th quarter. Smart Money Group LLC now owns 136,262 shares of the company’s stock worth $6,857,000 after buying an additional 3,236 shares during the last quarter. Towneley Capital Management Inc DE purchased a new position in iShares Short Maturity Municipal Bond Active ETF during the 4th quarter worth $250,000. Finally, D.A. Davidson & CO. raised its position in iShares Short Maturity Municipal Bond Active ETF by 6.6% during the 4th quarter. D.A. Davidson & CO. now owns 23,528 shares of the company’s stock worth $1,184,000 after buying an additional 1,455 shares during the last quarter.

iShares Short Maturity Municipal Bond Active ETF Stock Performance

Shares of iShares Short Maturity Municipal Bond Active ETF stock opened at $50.23 on Friday. iShares Short Maturity Municipal Bond Active ETF has a one year low of $50.02 and a one year high of $50.79. The firm has a fifty day moving average of $50.33 and a two-hundred day moving average of $50.38.

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.