Eagle Global Advisors LLC Sells 4,500 Shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

Eagle Global Advisors LLC cut its holdings in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 11.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,650 shares of the company’s stock after selling 4,500 shares during the quarter. Eagle Global Advisors LLC’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $1,791,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MEAR. Wells Fargo & Company MN lifted its holdings in shares of 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 valued at $118,000 after buying an additional 370 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 13.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 290,708 shares of the company’s stock valued at $14,521,000 after buying an additional 34,810 shares during the period. Raymond James Financial Inc. bought a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the 4th quarter valued at $1,689,000. Rockefeller Capital Management L.P. bought a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the 4th quarter valued at $802,000. Finally, Savvy Advisors Inc. bought a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the 4th quarter valued at $608,000.

iShares Short Maturity Municipal Bond Active ETF Price Performance

BATS MEAR opened at $50.38 on Tuesday. The business’s fifty day moving average price is $50.24 and its 200-day moving average price is $50.15. iShares Short Maturity Municipal Bond Active ETF has a 1-year low of $49.44 and a 1-year high of $50.51.

About iShares Short Maturity Municipal Bond Active ETF

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.