Elmwood Wealth Management Inc. Has $3.40 Million Stock Position in iShares Short Maturity Municipal Bond Active ETF $MEAR

Elmwood Wealth Management Inc. lessened its stake in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 23.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 67,460 shares of the company’s stock after selling 20,560 shares during the period. Elmwood Wealth Management Inc.’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $3,399,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of MEAR. Core Wealth Advisors Inc. raised its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 79.8% during the 1st quarter. Core Wealth Advisors Inc. now owns 24,821 shares of the company’s stock worth $1,249,000 after purchasing an additional 11,013 shares in the last quarter. UBS Group AG boosted its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 26.4% in the 4th quarter. UBS Group AG now owns 166,354 shares of the company’s stock valued at $8,371,000 after buying an additional 34,745 shares during the last quarter. Cresta Advisors Ltd. acquired a new stake in shares of iShares Short Maturity Municipal Bond Active ETF in the 4th quarter valued at approximately $2,471,000. MMA Asset Management LLC bought a new position in shares of iShares Short Maturity Municipal Bond Active ETF in the fourth quarter valued at $1,211,000. Finally, Quotient Wealth Partners LLC grew its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 10.3% in the first quarter. Quotient Wealth Partners LLC now owns 204,221 shares of the company’s stock valued at $10,281,000 after buying an additional 18,988 shares in the last quarter.

iShares Short Maturity Municipal Bond Active ETF Stock Performance

Shares of MEAR opened at $50.14 on Friday. The company’s fifty day simple moving average is $50.26 and its 200 day simple moving average is $50.34. iShares Short Maturity Municipal Bond Active ETF has a 1-year low of $50.10 and a 1-year 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.