55 North Private Wealth LLC Purchases New Shares in iShares Short Maturity Municipal Bond Active ETF $MEAR

55 North Private Wealth LLC purchased a new stake in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 183,976 shares of the company’s stock, valued at approximately $9,131,000. iShares Short Maturity Municipal Bond Active ETF makes up 1.7% of 55 North Private Wealth LLC’s holdings, making the stock its 10th biggest holding.

A number of other large investors have also added to or reduced their stakes in the company. Highland Financial Advisors LLC purchased a new stake in iShares Short Maturity Municipal Bond Active ETF during the third quarter valued at $2,123,000. Independent Wealth Network Inc. bought a new position in iShares Short Maturity Municipal Bond Active ETF during the third quarter valued at $213,000. IFP Advisors Inc purchased a new position in shares of iShares Short Maturity Municipal Bond Active ETF in the 3rd quarter worth $2,160,000. Forum Financial Management LP purchased a new position in shares of iShares Short Maturity Municipal Bond Active ETF in the 3rd quarter worth $521,000. Finally, WealthBridge Capital Management LLC purchased a new position in shares of iShares Short Maturity Municipal Bond Active ETF in the 3rd quarter worth $231,000.

iShares Short Maturity Municipal Bond Active ETF Stock Performance

Shares of iShares Short Maturity Municipal Bond Active ETF stock traded up $0.03 during trading hours on Tuesday, reaching $49.84. The company’s stock had a trading volume of 147,372 shares, compared to its average volume of 206,001. The firm has a 50 day moving average price of $49.94 and a 200-day moving average price of $50.15. iShares Short Maturity Municipal Bond Active ETF has a one year low of $49.48 and a one year high of $50.79.

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.