iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its holdings in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 47.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 427,983 shares of the company’s stock after purchasing an additional 137,275 shares during the quarter. Envestnet Asset Management Inc. owned approximately 2.25% of iShares Short Maturity Municipal Bond Active ETF worth $21,502,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Concurrent Investment Advisors LLC acquired a new stake in iShares Short Maturity Municipal Bond Active ETF in the first quarter worth about $200,000. CX Institutional acquired a new position in shares of iShares Short Maturity Municipal Bond Active ETF in the 1st quarter valued at about $75,000. Wealth Enhancement Advisory Services LLC increased its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 16.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 49,792 shares of the company’s stock valued at $2,502,000 after purchasing an additional 7,193 shares during the period. Commonwealth Equity Services LLC increased its holdings in iShares Short Maturity Municipal Bond Active ETF by 3.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 58,544 shares of the company’s stock worth $2,924,000 after buying an additional 2,067 shares during the last quarter. Finally, Citadel Advisors LLC acquired a new position in iShares Short Maturity Municipal Bond Active ETF during the fourth quarter valued at approximately $319,000.

iShares Short Maturity Municipal Bond Active ETF Price Performance

BATS MEAR opened at $50.27 on Thursday. iShares Short Maturity Municipal Bond Active ETF has a twelve month low of $49.44 and a twelve month high of $51.10. The stock has a 50-day simple moving average of $50.15 and a 200 day simple moving average of $50.11.

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.