Jacobson & Schmitt Advisors LLC Purchases 15,258 Shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

Jacobson & Schmitt Advisors LLC boosted its holdings in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 31.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 63,884 shares of the company’s stock after buying an additional 15,258 shares during the quarter. Jacobson & Schmitt Advisors LLC owned approximately 0.52% of iShares Short Maturity Municipal Bond Active ETF worth $3,191,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in MEAR. Summit Wealth Partners LLC acquired a new position in iShares Short Maturity Municipal Bond Active ETF during the 3rd quarter worth about $369,000. Stephens Inc. AR lifted its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 4.8% in the third quarter. Stephens Inc. AR now owns 391,345 shares of the company’s stock worth $19,691,000 after acquiring an additional 17,804 shares during the period. Donaldson Capital Management LLC boosted its holdings in iShares Short Maturity Municipal Bond Active ETF by 56.9% in the third quarter. Donaldson Capital Management LLC now owns 39,990 shares of the company’s stock valued at $2,012,000 after acquiring an additional 14,500 shares during the last quarter. Milestone Investment Advisors LLC increased its position in iShares Short Maturity Municipal Bond Active ETF by 132.8% during the 3rd quarter. Milestone Investment Advisors LLC now owns 6,992 shares of the company’s stock valued at $352,000 after purchasing an additional 3,989 shares during the period. Finally, Concurrent Investment Advisors LLC bought a new position in iShares Short Maturity Municipal Bond Active ETF during the 3rd quarter worth approximately $201,000.

iShares Short Maturity Municipal Bond Active ETF Stock Up 0.4 %

BATS:MEAR opened at $50.19 on Thursday. iShares Short Maturity Municipal Bond Active ETF has a 52 week low of $49.62 and a 52 week high of $50.17. The firm’s fifty day moving average is $50.07 and its 200-day moving average is $50.16.

iShares Short Maturity Municipal Bond Active ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.1256 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.