Raymond James Financial Inc. Purchases New Stake in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

Raymond James Financial Inc. acquired a new position in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 33,813 shares of the company’s stock, valued at approximately $1,689,000. Raymond James Financial Inc. owned about 0.27% of iShares Short Maturity Municipal Bond Active ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC acquired a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the 4th quarter valued at about $60,000. Capital Investment Advisory Services LLC raised 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 purchasing an additional 580 shares during the period. WealthTrak Capital Management LLC acquired a new position in iShares Short Maturity Municipal Bond Active ETF in the 4th quarter valued at about $105,000. Wells Fargo & Company MN grew its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 18.5% in the 4th quarter. Wells Fargo & Company MN now owns 2,370 shares of the company’s stock valued at $118,000 after buying an additional 370 shares during the period. Finally, BCGM Wealth Management LLC acquired a new stake in shares of iShares Short Maturity Municipal Bond Active ETF during the 4th quarter worth approximately $236,000.

iShares Short Maturity Municipal Bond Active ETF Trading Down 0.0 %

MEAR opened at $49.95 on Friday. iShares Short Maturity Municipal Bond Active ETF has a one year low of $49.44 and a one year high of $51.10. The business’s 50 day moving average price is $50.10 and its 200 day moving average price is $50.11.

iShares Short Maturity Municipal Bond Active ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.1301 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is an increase 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.