Richard P Slaughter Associates Inc Invests $382,000 in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

Richard P Slaughter Associates Inc purchased a new position in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 7,650 shares of the company’s stock, valued at approximately $382,000.

Several other institutional investors and hedge funds also recently made changes to their positions in MEAR. Aptus Capital Advisors LLC bought a new stake in shares of iShares Short Maturity Municipal Bond Active ETF in the 3rd quarter worth approximately $33,000. Concurrent Investment Advisors LLC bought a new position in iShares Short Maturity Municipal Bond Active ETF during the 3rd quarter valued at $201,000. CFS Investment Advisory Services LLC increased its position in shares of iShares Short Maturity Municipal Bond Active ETF by 8.7% during the 3rd quarter. CFS Investment Advisory Services LLC now owns 5,431 shares of the company’s stock valued at $273,000 after purchasing an additional 436 shares during the period. Tidal Investments LLC bought a new stake in shares of iShares Short Maturity Municipal Bond Active ETF in the 3rd quarter worth $332,000. Finally, Shum Financial Group Inc. bought a new stake in iShares Short Maturity Municipal Bond Active ETF in the third quarter worth about $333,000.

iShares Short Maturity Municipal Bond Active ETF Stock Performance

Shares of BATS MEAR opened at $49.97 on Wednesday. The stock’s fifty day simple moving average is $50.10 and its 200 day simple moving average is $50.16. iShares Short Maturity Municipal Bond Active ETF has a 52-week low of $49.62 and a 52-week high of $50.17.

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.