DecisionMap Wealth Management LLC Invests $295,000 in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

DecisionMap Wealth Management LLC purchased a new position in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 5,909 shares of the company’s stock, valued at approximately $295,000.

Several other hedge funds and other institutional investors have also modified their holdings of MEAR. Aptus Capital Advisors LLC acquired a new stake in iShares Short Maturity Municipal Bond Active ETF in the third quarter valued at $33,000. Farther Finance Advisors LLC purchased a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the fourth quarter worth about $60,000. Capital Investment Advisory Services LLC grew its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 41.1% during the fourth quarter. Capital Investment Advisory Services LLC now owns 1,990 shares of the company’s stock worth $99,000 after purchasing an additional 580 shares during the last quarter. BCGM Wealth Management LLC purchased a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the fourth quarter worth about $236,000. Finally, Valley National Advisers Inc. grew its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 39.9% during the fourth quarter. Valley National Advisers Inc. now owns 5,147 shares of the company’s stock worth $257,000 after purchasing an additional 1,467 shares during the last quarter.

iShares Short Maturity Municipal Bond Active ETF Price Performance

BATS MEAR opened at $50.19 on Thursday. iShares Short Maturity Municipal Bond Active ETF has a 52-week low of $49.88 and a 52-week high of $51.10. The business’s 50-day moving average price is $50.13 and its 200 day moving average price is $50.16.

iShares Short Maturity Municipal Bond Active ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.1301 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change from iShares Short Maturity Municipal Bond Active ETF’s previous dividend of $0.13.

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.