U.S. Capital Wealth Advisors LLC Invests $1.50 Million in iShares Short Maturity Municipal Bond Active ETF $MEAR

U.S. Capital Wealth Advisors LLC acquired a new stake in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) during the 3rd quarter, Holdings Channel reports. The fund acquired 29,779 shares of the company’s stock, valued at approximately $1,504,000.

A number of other hedge funds have also recently bought and sold shares of MEAR. Richard P Slaughter Associates Inc grew its stake in iShares Short Maturity Municipal Bond Active ETF by 17.6% in the 3rd quarter. Richard P Slaughter Associates Inc now owns 98,244 shares of the company’s stock worth $4,962,000 after acquiring an additional 14,737 shares during the period. Osaic Holdings Inc. grew its position in shares of iShares Short Maturity Municipal Bond Active ETF by 91.6% in the second quarter. Osaic Holdings Inc. now owns 217,177 shares of the company’s stock valued at $10,918,000 after purchasing an additional 103,801 shares during the period. Newbridge Financial Services Group Inc. acquired a new position in iShares Short Maturity Municipal Bond Active ETF in the second quarter valued at $29,000. Advisory Services Network LLC lifted its position in iShares Short Maturity Municipal Bond Active ETF by 17.8% during the second quarter. Advisory Services Network LLC now owns 8,146 shares of the company’s stock worth $410,000 after buying an additional 1,232 shares during the period. Finally, Tower Research Capital LLC TRC acquired a new stake in iShares Short Maturity Municipal Bond Active ETF in the 2nd quarter worth about $995,000.

iShares Short Maturity Municipal Bond Active ETF Stock Up 0.1%

BATS MEAR opened at $50.27 on Monday. iShares Short Maturity Municipal Bond Active ETF has a 12 month low of $49.44 and a 12 month high of $50.51. The company has a 50-day moving average of $50.37 and a 200-day moving average of $50.36.

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.