Objective Capital Management LLC Invests $561,000 in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

Objective Capital Management LLC bought a new stake in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) during the 3rd quarter, HoldingsChannel reports. The fund bought 11,145 shares of the company’s stock, valued at approximately $561,000.

Other large investors have also recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC acquired a new stake in iShares Short Maturity Municipal Bond Active ETF in the 3rd quarter valued at approximately $201,000. Milestone Investment Advisors LLC boosted its stake in iShares Short Maturity Municipal Bond Active ETF by 132.8% during the 3rd quarter. Milestone Investment Advisors LLC now owns 6,992 shares of the company’s stock valued at $352,000 after purchasing an additional 3,989 shares in the last quarter. Summit Wealth Partners LLC bought a new position in iShares Short Maturity Municipal Bond Active ETF during the 3rd quarter valued at $369,000. Janney Montgomery Scott LLC boosted its stake in iShares Short Maturity Municipal Bond Active ETF by 34.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 10,733 shares of the company’s stock valued at $538,000 after purchasing an additional 2,743 shares in the last quarter. Finally, Evernest Financial Advisors LLC boosted its stake in iShares Short Maturity Municipal Bond Active ETF by 2.0% during the 3rd quarter. Evernest Financial Advisors LLC now owns 14,527 shares of the company’s stock valued at $731,000 after purchasing an additional 282 shares in the last quarter.

iShares Short Maturity Municipal Bond Active ETF Stock Performance

Shares of MEAR traded up $0.04 during trading hours on Friday, hitting $50.12. 207,030 shares of the company were exchanged. The firm has a fifty day simple moving average of $50.21 and a 200-day simple moving average of $50.15. iShares Short Maturity Municipal Bond Active ETF has a one year low of $49.62 and a one year high of $50.17.

iShares Short Maturity Municipal Bond Active ETF Cuts Dividend

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

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.