Foster Group Inc. Buys 22,590 Shares of iShares Short Maturity Municipal Bond Active ETF $MEAR

Foster Group Inc. increased its stake in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 3.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 612,466 shares of the company’s stock after buying an additional 22,590 shares during the quarter. iShares Short Maturity Municipal Bond Active ETF makes up 0.8% of Foster Group Inc.’s holdings, making the stock its 29th biggest position. Foster Group Inc. owned about 2.73% of iShares Short Maturity Municipal Bond Active ETF worth $30,856,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in MEAR. PNC Financial Services Group Inc. increased its holdings in iShares Short Maturity Municipal Bond Active ETF by 2.0% during the first quarter. PNC Financial Services Group Inc. now owns 12,062 shares of the company’s stock worth $607,000 after buying an additional 240 shares during the last quarter. Advisory Services Network LLC lifted its stake in iShares Short Maturity Municipal Bond Active ETF by 4.2% in the third quarter. Advisory Services Network LLC now owns 8,485 shares of the company’s stock valued at $429,000 after acquiring an additional 339 shares during the last quarter. Meeder Advisory Services Inc. grew its position in shares of iShares Short Maturity Municipal Bond Active ETF by 0.9% in the 4th quarter. Meeder Advisory Services Inc. now owns 43,057 shares of the company’s stock valued at $2,167,000 after acquiring an additional 380 shares during the period. Thrivent Financial for Lutherans grew its position in shares of iShares Short Maturity Municipal Bond Active ETF by 0.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 53,536 shares of the company’s stock valued at $2,693,000 after acquiring an additional 388 shares during the period. Finally, Centennial Bank AR increased its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 23.6% during the 1st quarter. Centennial Bank AR now owns 2,139 shares of the company’s stock worth $108,000 after purchasing an additional 409 shares during the last quarter.

iShares Short Maturity Municipal Bond Active ETF Stock Up 0.0%

Shares of MEAR stock opened at $50.17 on Thursday. The firm’s 50-day moving average is $50.27 and its 200-day moving average is $50.34. iShares Short Maturity Municipal Bond Active ETF has a 52-week low of $50.10 and a 52-week high of $50.79.

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.