Titleist Asset Management LLC Purchases New Stake in iShares Short Maturity Municipal Bond Active ETF $MEAR

Titleist Asset Management LLC acquired a new position in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 53,397 shares of the company’s stock, valued at approximately $2,650,000.

Several other institutional investors also recently modified their holdings of MEAR. PNC Financial Services Group Inc. grew its stake in iShares Short Maturity Municipal Bond Active ETF by 2.0% in the first quarter. PNC Financial Services Group Inc. now owns 12,062 shares of the company’s stock valued at $607,000 after acquiring an additional 240 shares during the period. Centennial Bank AR increased its position in iShares Short Maturity Municipal Bond Active ETF by 23.6% during the 1st quarter. Centennial Bank AR now owns 2,139 shares of the company’s stock worth $108,000 after purchasing an additional 409 shares in the last quarter. Kestra Private Wealth Services LLC increased its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 7.5% during the first quarter. Kestra Private Wealth Services LLC now owns 10,050 shares of the company’s stock worth $506,000 after buying an additional 698 shares in the last quarter. Five Pine Wealth Management boosted its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 3.3% during the 1st quarter. Five Pine Wealth Management now owns 31,913 shares of the company’s stock valued at $1,606,000 after acquiring an additional 1,021 shares in the last quarter. Finally, Capital Advisors Ltd. LLC increased its holdings in iShares Short Maturity Municipal Bond Active ETF by 25.0% in the 1st quarter. Capital Advisors Ltd. LLC now owns 5,605 shares of the company’s stock worth $282,000 after purchasing an additional 1,120 shares in the last quarter.

iShares Short Maturity Municipal Bond Active ETF Stock Performance

Shares of BATS:MEAR traded up $0.05 during midday trading on Thursday, hitting $49.60. 141,812 shares of the stock were exchanged, compared to its average volume of 195,825. The business’s 50-day moving average price is $50.01 and its 200 day moving average price is $50.19. iShares Short Maturity Municipal Bond Active ETF has a 12 month low of $49.48 and a 12 month high of $50.79.

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.