iShares Short Maturity Municipal Bond Active ETF $MEAR Stock Position Trimmed by Valley National Advisers Inc.

Valley National Advisers Inc. lessened its stake in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 93.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,133 shares of the company’s stock after selling 198,174 shares during the period. Valley National Advisers Inc.’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $652,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of MEAR. PNC Financial Services Group Inc. boosted its position in iShares Short Maturity Municipal Bond Active ETF by 2.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 12,062 shares of the company’s stock valued at $607,000 after buying an additional 240 shares during the last quarter. Centennial Bank AR increased its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 23.6% in the 1st quarter. Centennial Bank AR now owns 2,139 shares of the company’s stock valued at $108,000 after buying an additional 409 shares during the period. Kestra Private Wealth Services LLC increased its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 7.5% in the 1st quarter. Kestra Private Wealth Services LLC now owns 10,050 shares of the company’s stock valued at $506,000 after buying an additional 698 shares during the period. Highland Financial Advisors LLC increased its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 3.2% in the 2nd quarter. Highland Financial Advisors LLC now owns 41,490 shares of the company’s stock valued at $2,090,000 after buying an additional 1,272 shares during the period. Finally, CX Institutional bought a new stake in shares of iShares Short Maturity Municipal Bond Active ETF during the third quarter worth $76,000.

iShares Short Maturity Municipal Bond Active ETF Stock Performance

MEAR stock opened at $49.97 on Monday. iShares Short Maturity Municipal Bond Active ETF has a twelve month low of $49.48 and a twelve month high of $50.79. The business has a fifty day moving average of $49.92 and a 200-day moving average of $50.14.

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.