iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) to Issue Dividend Increase – $0.13 Per Share

iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) declared a dividend on Friday, February 28th, NASDAQ Dividends reports. Shareholders of record on Monday, March 3rd will be given a dividend of 0.1301 per share on Thursday, March 6th. The ex-dividend date of this dividend is Monday, March 3rd. This is an increase from iShares Short Maturity Municipal Bond Active ETF’s previous dividend of $0.13.

iShares Short Maturity Municipal Bond Active ETF Stock Performance

Shares of BATS MEAR traded up $0.37 during mid-day trading on Friday, hitting $50.34. 111,832 shares of the stock were exchanged. iShares Short Maturity Municipal Bond Active ETF has a twelve month low of $49.62 and a twelve month high of $50.17. The stock’s fifty day simple moving average is $50.09 and its two-hundred day simple moving average is $50.17.

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.