Brookwood Investment Group LLC Invests $670,000 in iShares Short Maturity Municipal Bond Active ETF $MEAR

Brookwood Investment Group LLC purchased a new stake in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 13,256 shares of the company’s stock, valued at approximately $670,000. Brookwood Investment Group LLC owned 0.06% of iShares Short Maturity Municipal Bond Active ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of MEAR. Fidelis Capital Partners LLC grew its position in iShares Short Maturity Municipal Bond Active ETF by 5.0% in the 2nd quarter. Fidelis Capital Partners LLC now owns 4,389 shares of the company’s stock valued at $221,000 after buying an additional 208 shares in the last quarter. Milestone Investment Advisors LLC lifted its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 5.3% in the 2nd quarter. Milestone Investment Advisors LLC now owns 7,889 shares of the company’s stock worth $397,000 after acquiring an additional 398 shares during the period. Jacobson & Schmitt Advisors LLC boosted its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 0.6% in the second quarter. Jacobson & Schmitt Advisors LLC now owns 66,993 shares of the company’s stock valued at $3,368,000 after acquiring an additional 406 shares in the last quarter. Modern Wealth Management LLC boosted its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 0.6% in the second quarter. Modern Wealth Management LLC now owns 92,567 shares of the company’s stock valued at $4,653,000 after acquiring an additional 530 shares in the last quarter. Finally, Valley National Advisers Inc. increased its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 7.6% during the third quarter. Valley National Advisers Inc. now owns 7,585 shares of the company’s stock valued at $383,000 after acquiring an additional 539 shares during the period.

iShares Short Maturity Municipal Bond Active ETF Price Performance

Shares of BATS:MEAR opened at $50.32 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 stock’s 50 day moving average price is $50.34 and its 200 day moving average price is $50.37.

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.