Fifth Third Bancorp Takes $1.54 Million Position in iShares Short Maturity Municipal Bond Active ETF $MEAR

Fifth Third Bancorp bought a new stake in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 30,691 shares of the company’s stock, valued at approximately $1,545,000. Fifth Third Bancorp owned 0.14% of iShares Short Maturity Municipal Bond Active ETF at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Captrust Financial Advisors boosted its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 105.8% in the second quarter. Captrust Financial Advisors now owns 584,589 shares of the company’s stock valued at $29,387,000 after purchasing an additional 300,537 shares during the period. Resonant Capital Advisors LLC increased its stake in iShares Short Maturity Municipal Bond Active ETF by 21.4% during the 1st quarter. Resonant Capital Advisors LLC now owns 1,666,710 shares of the company’s stock worth $83,902,000 after buying an additional 293,492 shares during the period. Cetera Investment Advisers increased its stake in iShares Short Maturity Municipal Bond Active ETF by 138.2% during the 4th quarter. Cetera Investment Advisers now owns 485,302 shares of the company’s stock worth $24,420,000 after buying an additional 281,524 shares during the period. Bank of America Corp DE lifted its holdings in iShares Short Maturity Municipal Bond Active ETF by 21.4% during the 2nd quarter. Bank of America Corp DE now owns 1,149,777 shares of the company’s stock worth $57,799,000 after buying an additional 202,654 shares in the last quarter. Finally, DeLarme Wealth Management Inc. acquired a new stake in iShares Short Maturity Municipal Bond Active ETF during the 4th quarter worth approximately $5,953,000.

iShares Short Maturity Municipal Bond Active ETF Price Performance

Shares of MEAR stock opened at $50.13 on Friday. The firm has a 50 day moving average of $50.27 and a two-hundred day moving average of $50.36. iShares Short Maturity Municipal Bond Active ETF has a 52 week low of $50.10 and a 52 week high of $50.79.

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.