HighTower Advisors LLC Has $6.71 Million Position in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

HighTower Advisors LLC grew its holdings in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 74.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 134,286 shares of the company’s stock after purchasing an additional 57,204 shares during the quarter. HighTower Advisors LLC owned about 1.09% of iShares Short Maturity Municipal Bond Active ETF worth $6,708,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in MEAR. Lantz Financial LLC lifted its stake in iShares Short Maturity Municipal Bond Active ETF by 4.1% in the fourth quarter. Lantz Financial LLC now owns 6,190 shares of the company’s stock valued at $309,000 after buying an additional 245 shares during the period. CFS Investment Advisory Services LLC lifted its position in shares of iShares Short Maturity Municipal Bond Active ETF by 8.7% during the 3rd quarter. CFS Investment Advisory Services LLC now owns 5,431 shares of the company’s stock valued at $273,000 after acquiring an additional 436 shares during the period. Capital Investment Advisory Services LLC boosted its stake 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 worth $99,000 after acquiring an additional 580 shares in the last quarter. Aveo Capital Partners LLC grew its holdings in iShares Short Maturity Municipal Bond Active ETF by 3.5% in the fourth quarter. Aveo Capital Partners LLC now owns 21,575 shares of the company’s stock worth $1,078,000 after purchasing an additional 736 shares during the period. Finally, Evernest Financial Advisors LLC increased its stake in iShares Short Maturity Municipal Bond Active ETF by 5.3% in the fourth quarter. Evernest Financial Advisors LLC now owns 15,304 shares of the company’s stock valued at $764,000 after purchasing an additional 777 shares in the last quarter.

iShares Short Maturity Municipal Bond Active ETF Trading Up 0.4 %

Shares of BATS MEAR opened at $50.18 on Wednesday. The firm’s 50-day moving average price is $50.15 and its 200-day moving average price is $50.16. iShares Short Maturity Municipal Bond Active ETF has a 1-year low of $49.88 and a 1-year high of $51.10.

iShares Short Maturity Municipal Bond Active ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.1301 dividend. The ex-dividend date 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 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.