iShares Short Maturity Municipal Bond Active ETF $MEAR Shares Sold by Modern Wealth Management LLC

Modern Wealth Management LLC trimmed its position in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 22.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,112 shares of the company’s stock after selling 16,189 shares during the period. Modern Wealth Management LLC owned about 0.25% of iShares Short Maturity Municipal Bond Active ETF worth $2,771,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Royal Bank of Canada raised its position in shares of iShares Short Maturity Municipal Bond Active ETF by 206.1% in the first quarter. Royal Bank of Canada now owns 107,035 shares of the company’s stock valued at $5,378,000 after buying an additional 72,073 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new stake in iShares Short Maturity Municipal Bond Active ETF in the 2nd quarter worth approximately $120,000. NewEdge Advisors LLC raised its holdings in iShares Short Maturity Municipal Bond Active ETF by 7.3% in the 2nd quarter. NewEdge Advisors LLC now owns 128,780 shares of the company’s stock valued at $6,474,000 after acquiring an additional 8,740 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 468.5% during the 2nd quarter. Jane Street Group LLC now owns 131,042 shares of the company’s stock worth $6,587,000 after purchasing an additional 107,993 shares during the period. Finally, Bank of America Corp DE lifted its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 21.4% during the 2nd quarter. Bank of America Corp DE now owns 1,149,777 shares of the company’s stock worth $57,799,000 after purchasing an additional 202,654 shares during the period.

iShares Short Maturity Municipal Bond Active ETF Stock Up 0.0%

Shares of BATS:MEAR opened at $50.15 on Friday. iShares Short Maturity Municipal Bond Active ETF has a 52 week low of $50.10 and a 52 week high of $50.79. The business has a fifty day simple moving average of $50.27 and a 200-day simple moving average of $50.35.

iShares Short Maturity Municipal Bond Active ETF 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.