Foster Group Inc. Boosts Stake in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

Foster Group Inc. grew its stake in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 1.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 519,693 shares of the company’s stock after buying an additional 6,142 shares during the period. iShares Short Maturity Municipal Bond Active ETF accounts for 1.0% of Foster Group Inc.’s investment portfolio, making the stock its 27th biggest position. Foster Group Inc. owned approximately 3.16% of iShares Short Maturity Municipal Bond Active ETF worth $26,109,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Wells Fargo & Company MN increased its position in iShares Short Maturity Municipal Bond Active ETF by 18.5% during the 4th quarter. Wells Fargo & Company MN now owns 2,370 shares of the company’s stock worth $118,000 after purchasing an additional 370 shares in the last quarter. Hill Island Financial LLC grew its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 1.1% during the fourth quarter. Hill Island Financial LLC now owns 34,895 shares of the company’s stock worth $1,743,000 after buying an additional 381 shares in the last quarter. Milestone Investment Advisors LLC grew its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 7.1% during the fourth quarter. Milestone Investment Advisors LLC now owns 7,491 shares of the company’s stock worth $374,000 after buying an additional 499 shares in the last quarter. Aveo Capital Partners LLC lifted its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 3.5% during the fourth quarter. Aveo Capital Partners LLC now owns 21,575 shares of the company’s stock valued at $1,078,000 after buying an additional 736 shares during the period. Finally, Syverson Strege & Co lifted its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 2.8% during the fourth quarter. Syverson Strege & Co now owns 27,732 shares of the company’s stock valued at $1,385,000 after buying an additional 762 shares during the period.

iShares Short Maturity Municipal Bond Active ETF Stock Up 0.2%

MEAR stock opened at $50.08 on Friday. The company has a 50 day moving average price of $50.03 and a two-hundred day moving average price of $50.10. iShares Short Maturity Municipal Bond Active ETF has a one year low of $49.44 and a one year high of $51.10.

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.