iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) Stake Boosted by Milestone Investment Advisors LLC

Milestone Investment Advisors LLC grew its holdings in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 132.8% during the third quarter, Holdings Channel reports. The firm owned 6,992 shares of the company’s stock after acquiring an additional 3,989 shares during the quarter. Milestone Investment Advisors LLC’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $352,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of MEAR. Summit Wealth Partners LLC bought a new position in iShares Short Maturity Municipal Bond Active ETF during the 3rd quarter worth $369,000. Janney Montgomery Scott LLC increased its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 34.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 10,733 shares of the company’s stock worth $538,000 after acquiring an additional 2,743 shares during the period. Evernest Financial Advisors LLC lifted its position in iShares Short Maturity Municipal Bond Active ETF by 2.0% in the 3rd quarter. Evernest Financial Advisors LLC now owns 14,527 shares of the company’s stock valued at $731,000 after purchasing an additional 282 shares during the last quarter. Global Retirement Partners LLC grew its position in iShares Short Maturity Municipal Bond Active ETF by 5.7% in the 3rd quarter. Global Retirement Partners LLC now owns 17,259 shares of the company’s stock worth $868,000 after purchasing an additional 935 shares during the last quarter. Finally, Donaldson Capital Management LLC grew its holdings in iShares Short Maturity Municipal Bond Active ETF by 56.9% in the 3rd quarter. Donaldson Capital Management LLC now owns 39,990 shares of the company’s stock worth $2,012,000 after buying an additional 14,500 shares in the last quarter.

iShares Short Maturity Municipal Bond Active ETF Stock Performance

MEAR opened at $50.09 on Wednesday. The stock’s 50 day moving average price is $50.22 and its 200 day moving average price is $50.15. iShares Short Maturity Municipal Bond Active ETF has a 12 month low of $49.62 and a 12 month high of $50.17.

iShares Short Maturity Municipal Bond Active ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.1401 dividend. The ex-dividend date was Tuesday, September 3rd.

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.