D.A. Davidson & CO. Acquires 1,850 Shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

D.A. Davidson & CO. increased its holdings in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 9.8% during the 4th quarter, HoldingsChannel reports. The fund owned 20,784 shares of the company’s stock after buying an additional 1,850 shares during the period. D.A. Davidson & CO.’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $1,038,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of MEAR. Aptus Capital Advisors LLC purchased a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the third quarter valued at approximately $33,000. Capital Investment Advisory Services LLC increased its position in iShares Short Maturity Municipal Bond Active ETF by 41.1% during the 4th quarter. Capital Investment Advisory Services LLC now owns 1,990 shares of the company’s stock valued at $99,000 after buying an additional 580 shares in the last quarter. Concurrent Investment Advisors LLC purchased a new position in iShares Short Maturity Municipal Bond Active ETF during the third quarter valued at $201,000. Valley National Advisers Inc. boosted its holdings in iShares Short Maturity Municipal Bond Active ETF by 39.9% in the fourth quarter. Valley National Advisers Inc. now owns 5,147 shares of the company’s stock worth $257,000 after acquiring an additional 1,467 shares in the last quarter. Finally, Client 1ST Advisory Group LLC purchased a new stake in shares of iShares Short Maturity Municipal Bond Active ETF in the fourth quarter worth $271,000.

iShares Short Maturity Municipal Bond Active ETF Stock Performance

Shares of BATS:MEAR opened at $50.24 on Monday. The business has a fifty day moving average price of $50.07 and a 200-day moving average price of $50.16. iShares Short Maturity Municipal Bond Active ETF has a 1-year low of $49.62 and a 1-year high of $50.17.

iShares Short Maturity Municipal Bond Active ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.1256 per share. The ex-dividend date was Monday, February 3rd.

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.