WealthTrak Capital Management LLC Takes $105,000 Position in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

WealthTrak Capital Management LLC purchased a new position in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) during the fourth quarter, Holdings Channel reports. The firm purchased 2,102 shares of the company’s stock, valued at approximately $105,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MEAR. Lantz Financial LLC raised its position in shares of iShares Short Maturity Municipal Bond Active ETF by 4.1% in the 4th quarter. Lantz Financial LLC now owns 6,190 shares of the company’s stock valued at $309,000 after buying an additional 245 shares in the last quarter. Hill Island Financial LLC raised its position in iShares Short Maturity Municipal Bond Active ETF by 1.1% during the fourth quarter. Hill Island Financial LLC now owns 34,895 shares of the company’s stock valued at $1,743,000 after purchasing an additional 381 shares in the last quarter. Capital Investment Advisory Services LLC raised its position in iShares Short Maturity Municipal Bond Active ETF by 41.1% during the fourth quarter. Capital Investment Advisory Services LLC now owns 1,990 shares of the company’s stock valued at $99,000 after purchasing an additional 580 shares in the last quarter. Aveo Capital Partners LLC raised its position in iShares Short Maturity Municipal Bond Active ETF by 3.5% during the fourth quarter. Aveo Capital Partners LLC now owns 21,575 shares of the company’s stock valued at $1,078,000 after purchasing an additional 736 shares in the last quarter. Finally, Syverson Strege & Co boosted its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 2.8% in the 4th quarter. Syverson Strege & Co now owns 27,732 shares of the company’s stock valued at $1,385,000 after purchasing an additional 762 shares in the last quarter.

iShares Short Maturity Municipal Bond Active ETF Trading Up 0.5 %

Shares of MEAR opened at $50.22 on Friday. iShares Short Maturity Municipal Bond Active ETF has a 52-week low of $49.88 and a 52-week high of $51.10. The business’s fifty day moving average is $50.17 and its 200-day moving average is $50.15.

iShares Short Maturity Municipal Bond Active ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.1301 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change from iShares Short Maturity Municipal Bond Active ETF’s previous dividend of $0.13.

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.