Savvy Advisors Inc. Takes Position in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

Savvy Advisors Inc. bought a new position in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 12,166 shares of the company’s stock, valued at approximately $608,000. Savvy Advisors Inc. owned approximately 0.10% of iShares Short Maturity Municipal Bond Active ETF as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in MEAR. JPMorgan Chase & Co. grew its stake in iShares Short Maturity Municipal Bond Active ETF by 302.2% during the third quarter. JPMorgan Chase & Co. now owns 1,392,166 shares of the company’s stock worth $70,047,000 after buying an additional 1,046,053 shares during the last quarter. Rockwood Wealth Management LLC grew its position in iShares Short Maturity Municipal Bond Active ETF by 69.7% during the 4th quarter. Rockwood Wealth Management LLC now owns 1,615,967 shares of the company’s stock worth $80,782,000 after acquiring an additional 663,979 shares during the last quarter. Savant Capital LLC acquired a new stake in iShares Short Maturity Municipal Bond Active ETF during the 4th quarter valued at $9,598,000. Dynasty Wealth Management LLC bought a new position in iShares Short Maturity Municipal Bond Active ETF in the 4th quarter valued at $7,175,000. Finally, HighTower Advisors LLC increased its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 74.2% in the 4th quarter. HighTower Advisors LLC now owns 134,286 shares of the company’s stock valued at $6,708,000 after buying an additional 57,204 shares during the period.

iShares Short Maturity Municipal Bond Active ETF Stock Down 0.1 %

Shares of MEAR opened at $49.95 on Monday. The stock’s fifty day simple moving average is $50.15 and its 200-day simple moving average is $50.13. iShares Short Maturity Municipal Bond Active ETF has a 12-month low of $49.44 and a 12-month 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. Investors of record on Monday, March 3rd were paid a dividend of $0.1301 per share. This is a positive change 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 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.