Farther Finance Advisors LLC Has $446,000 Stock Position in iShares Short Maturity Municipal Bond Active ETF $MEAR

Farther Finance Advisors LLC raised its position in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 570.3% in the second quarter, according to its most recent filing with the SEC. The firm owned 8,875 shares of the company’s stock after purchasing an additional 7,551 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $446,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Concurrent Investment Advisors LLC bought a new stake in shares of iShares Short Maturity Municipal Bond Active ETF during the 1st quarter valued at about $200,000. CX Institutional bought a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the 1st quarter worth approximately $75,000. Wealth Enhancement Advisory Services LLC grew its position in shares of iShares Short Maturity Municipal Bond Active ETF by 16.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 49,792 shares of the company’s stock worth $2,502,000 after buying an additional 7,193 shares during the period. Citadel Advisors LLC bought a new stake in shares of iShares Short Maturity Municipal Bond Active ETF in the 4th quarter valued at $319,000. Finally, Private Advisor Group LLC lifted its position in shares of iShares Short Maturity Municipal Bond Active ETF by 33.6% during the 1st quarter. Private Advisor Group LLC now owns 51,898 shares of the company’s stock valued at $2,607,000 after acquiring an additional 13,048 shares during the period.

iShares Short Maturity Municipal Bond Active ETF Price Performance

Shares of BATS MEAR opened at $50.50 on Friday. iShares Short Maturity Municipal Bond Active ETF has a 12-month low of $49.44 and a 12-month high of $50.51. The company’s fifty day simple moving average is $50.43 and its 200 day simple moving average is $50.22.

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.