OLD Mission Capital LLC Invests $1.29 Million in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

OLD Mission Capital LLC acquired a new stake in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 25,867 shares of the company’s stock, valued at approximately $1,292,000. OLD Mission Capital LLC owned approximately 0.21% of iShares Short Maturity Municipal Bond Active ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MEAR. WealthTrak Capital Management LLC acquired a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the 4th quarter worth $105,000. Syverson Strege & Co raised its stake in iShares Short Maturity Municipal Bond Active ETF by 2.8% during the fourth quarter. Syverson Strege & Co now owns 27,732 shares of the company’s stock worth $1,385,000 after acquiring an additional 762 shares in the last quarter. Modern Wealth Management LLC lifted its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 129.7% in the fourth quarter. Modern Wealth Management LLC now owns 84,336 shares of the company’s stock worth $4,234,000 after acquiring an additional 47,621 shares during the last quarter. Hill Island Financial LLC boosted its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 1.1% in the 4th 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. Finally, LPL Financial LLC grew its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 3.7% during the 4th quarter. LPL Financial LLC now owns 334,648 shares of the company’s stock valued at $16,716,000 after purchasing an additional 11,789 shares during the last quarter.

iShares Short Maturity Municipal Bond Active ETF Price Performance

Shares of BATS:MEAR opened at $50.12 on Thursday. iShares Short Maturity Municipal Bond Active ETF has a one year low of $49.88 and a one year high of $51.10. The firm has a 50 day simple moving average of $50.18 and a 200 day simple moving average of $50.15.

iShares Short Maturity Municipal Bond Active ETF Increases Dividend

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