iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) Reaches New 52-Week High – Time to Buy?

iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $50.22 and last traded at $50.20, with a volume of 107074 shares traded. The stock had previously closed at $50.19.

iShares Short Maturity Municipal Bond Active ETF Trading Up 0.0 %

The company has a fifty day moving average of $50.20 and a 200-day moving average of $50.16.

iShares Short Maturity Municipal Bond Active ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.1401 per share. The ex-dividend date was Tuesday, September 3rd.

Institutional Investors Weigh In On iShares Short Maturity Municipal Bond Active ETF

Several institutional investors have recently bought and sold shares of the stock. Resonant Capital Advisors LLC grew its holdings in iShares Short Maturity Municipal Bond Active ETF by 30.3% during the third quarter. Resonant Capital Advisors LLC now owns 1,121,077 shares of the company’s stock worth $56,407,000 after buying an additional 260,890 shares in the last quarter. Rockwood Wealth Management LLC increased its position in shares of iShares Short Maturity Municipal Bond Active ETF by 8.6% during the 3rd quarter. Rockwood Wealth Management LLC now owns 951,988 shares of the company’s stock valued at $47,899,000 after purchasing an additional 75,243 shares during the last quarter. Stephens Inc. AR increased its position in shares of iShares Short Maturity Municipal Bond Active ETF by 4.8% during the 3rd quarter. Stephens Inc. AR now owns 391,345 shares of the company’s stock valued at $19,691,000 after purchasing an additional 17,804 shares during the last quarter. Ullmann Wealth Partners Group LLC increased its position in shares of iShares Short Maturity Municipal Bond Active ETF by 4.8% during the 3rd quarter. Ullmann Wealth Partners Group LLC now owns 337,663 shares of the company’s stock valued at $16,990,000 after purchasing an additional 15,505 shares during the last quarter. Finally, Kestra Investment Management LLC increased its position in shares of iShares Short Maturity Municipal Bond Active ETF by 29.9% during the 3rd quarter. Kestra Investment Management LLC now owns 242,807 shares of the company’s stock valued at $12,217,000 after purchasing an additional 55,906 shares during the last quarter.

iShares Short Maturity Municipal Bond Active ETF Company 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.