Captrust Financial Advisors Grows Stock Position in iShares Short Maturity Municipal Bond Active ETF $MEAR

Captrust Financial Advisors lifted its stake in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 115.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,258,796 shares of the company’s stock after purchasing an additional 674,207 shares during the period. Captrust Financial Advisors owned about 5.61% of iShares Short Maturity Municipal Bond Active ETF worth $63,582,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. acquired a new stake in iShares Short Maturity Municipal Bond Active ETF in the 2nd quarter valued at about $29,000. Centennial Bank AR purchased a new position in shares of iShares Short Maturity Municipal Bond Active ETF in the 3rd quarter valued at about $31,000. AE Wealth Management LLC grew its position in shares of iShares Short Maturity Municipal Bond Active ETF by 141.1% during the third quarter. AE Wealth Management LLC now owns 687 shares of the company’s stock worth $35,000 after buying an additional 402 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the second quarter worth about $120,000. Finally, Mather Group LLC. purchased a new stake in shares of iShares Short Maturity Municipal Bond Active ETF during the third quarter worth approximately $133,000.

iShares Short Maturity Municipal Bond Active ETF Stock Up 0.0%

Shares of BATS:MEAR opened at $50.45 on Thursday. iShares Short Maturity Municipal Bond Active ETF has a fifty-two week low of $49.44 and a fifty-two week high of $50.79. The firm’s 50 day moving average price is $50.48 and its 200 day moving average price is $50.42.

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.