Bessemer Group Inc. Takes $1.08 Million Position in iShares Short Maturity Municipal Bond Active ETF $MEAR

Bessemer Group Inc. bought a new stake in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 21,537 shares of the company’s stock, valued at approximately $1,084,000. Bessemer Group Inc. owned approximately 0.10% of iShares Short Maturity Municipal Bond Active ETF at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in MEAR. Newbridge Financial Services Group Inc. bought a new stake in shares of iShares Short Maturity Municipal Bond Active ETF during the second quarter valued at approximately $29,000. Centennial Bank AR lifted its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 183.6% in the 4th quarter. Centennial Bank AR now owns 1,730 shares of the company’s stock worth $87,000 after purchasing an additional 1,120 shares in the last quarter. Blueline Advisors LLC acquired a new stake in iShares Short Maturity Municipal Bond Active ETF in the 4th quarter valued at $116,000. Northwestern Mutual Wealth Management Co. acquired a new stake in iShares Short Maturity Municipal Bond Active ETF in the 2nd quarter valued at $120,000. Finally, Friedenthal Financial acquired a new stake in iShares Short Maturity Municipal Bond Active ETF in the 1st quarter valued at $134,000.

iShares Short Maturity Municipal Bond Active ETF Stock Performance

Shares of MEAR stock opened at $50.13 on Friday. The firm has a fifty day simple moving average of $50.27 and a two-hundred day simple moving average of $50.36. iShares Short Maturity Municipal Bond Active ETF has a 12 month low of $50.10 and a 12 month high of $50.79.

iShares Short Maturity Municipal Bond Active ETF Company 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.