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. Stockholders of record on Monday, March 3rd will be paid a dividend of 0.1301 per share on Thursday, March 6th. The ex-dividend date is Monday, March 3rd. This is a boost from iShares Short Maturity Municipal Bond Active ETF’s previous dividend of $0.13.

iShares Short Maturity Municipal Bond Active ETF Stock Performance

iShares Short Maturity Municipal Bond Active ETF stock traded up $0.37 during mid-day trading on Friday, hitting $50.34. 111,832 shares of the company’s stock were exchanged. The company’s 50 day simple moving average is $50.09 and its 200-day simple moving average is $50.17. iShares Short Maturity Municipal Bond Active ETF has a fifty-two week low of $49.62 and a fifty-two week high of $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.