Modern Wealth Management LLC Increases Holdings in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

Modern Wealth Management LLC boosted its position in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 129.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84,336 shares of the company’s stock after buying an additional 47,621 shares during the quarter. Modern Wealth Management LLC’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $4,234,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Rockwood Wealth Management LLC grew its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 69.7% during the fourth quarter. Rockwood Wealth Management LLC now owns 1,615,967 shares of the company’s stock valued at $80,782,000 after buying an additional 663,979 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares Short Maturity Municipal Bond Active ETF by 302.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,392,166 shares of the company’s stock valued at $70,047,000 after acquiring an additional 1,046,053 shares during the period. Foster Group Inc. grew its position in iShares Short Maturity Municipal Bond Active ETF by 5.9% during the 4th quarter. Foster Group Inc. now owns 513,551 shares of the company’s stock worth $25,652,000 after acquiring an additional 28,802 shares during the last quarter. Ullmann Wealth Partners Group LLC increased its stake in iShares Short Maturity Municipal Bond Active ETF by 3.0% in the 4th quarter. Ullmann Wealth Partners Group LLC now owns 347,628 shares of the company’s stock worth $17,364,000 after purchasing an additional 9,965 shares during the period. Finally, LPL Financial LLC boosted its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 3.7% during the fourth quarter. LPL Financial LLC now owns 334,648 shares of the company’s stock valued at $16,716,000 after purchasing an additional 11,789 shares during the period.

iShares Short Maturity Municipal Bond Active ETF Stock Up 0.4 %

Shares of BATS MEAR opened at $50.18 on Wednesday. The firm’s fifty day moving average is $50.16 and its 200 day moving average is $50.15. iShares Short Maturity Municipal Bond Active ETF has a 52 week low of $49.88 and a 52 week high of $51.10.

iShares Short Maturity Municipal Bond Active ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.1301 dividend. This is a boost from iShares Short Maturity Municipal Bond Active ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, March 3rd.

iShares Short Maturity Municipal Bond Active ETF Company 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.