Truist Financial Corp Buys 5,853 Shares of iShares Short Maturity Municipal Bond Active ETF $MEAR

Truist Financial Corp boosted its position in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 39.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,564 shares of the company’s stock after acquiring an additional 5,853 shares during the quarter. Truist Financial Corp owned 0.09% of iShares Short Maturity Municipal Bond Active ETF worth $1,034,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC bought a new stake in iShares Short Maturity Municipal Bond Active ETF during the first quarter worth $200,000. CX Institutional bought a new position in shares of iShares Short Maturity Municipal Bond Active ETF in the first quarter valued at about $75,000. Wealth Enhancement Advisory Services LLC raised its position in shares of iShares Short Maturity Municipal Bond Active ETF by 16.9% in the first 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. Private Advisor Group LLC raised its position in shares of iShares Short Maturity Municipal Bond Active ETF by 33.6% in the first quarter. Private Advisor Group LLC now owns 51,898 shares of the company’s stock valued at $2,607,000 after purchasing an additional 13,048 shares during the period. Finally, Farther Finance Advisors LLC raised its position in shares of iShares Short Maturity Municipal Bond Active ETF by 570.3% in the second quarter. Farther Finance Advisors LLC now owns 8,875 shares of the company’s stock valued at $446,000 after purchasing an additional 7,551 shares during the period.

iShares Short Maturity Municipal Bond Active ETF Price Performance

Shares of MEAR opened at $50.42 on Tuesday. The company’s 50-day moving average is $50.45 and its 200-day moving average is $50.24. iShares Short Maturity Municipal Bond Active ETF has a fifty-two week low of $49.44 and a fifty-two week high of $50.51.

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.