CFS Investment Advisory Services LLC Grows Position in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

CFS Investment Advisory Services LLC boosted its stake in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 8.7% in the third quarter, Holdings Channel.com reports. The firm owned 5,431 shares of the company’s stock after acquiring an additional 436 shares during the quarter. CFS Investment Advisory Services LLC’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $273,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Aptus Capital Advisors LLC purchased a new stake in iShares Short Maturity Municipal Bond Active ETF during the third quarter worth approximately $33,000. Concurrent Investment Advisors LLC purchased a new stake in iShares Short Maturity Municipal Bond Active ETF during the third quarter worth approximately $201,000. Milestone Investment Advisors LLC grew its stake in iShares Short Maturity Municipal Bond Active ETF by 132.8% during the third quarter. Milestone Investment Advisors LLC now owns 6,992 shares of the company’s stock worth $352,000 after buying an additional 3,989 shares during the period. Summit Wealth Partners LLC purchased a new stake in iShares Short Maturity Municipal Bond Active ETF during the third quarter worth approximately $369,000. Finally, Objective Capital Management LLC purchased a new stake in iShares Short Maturity Municipal Bond Active ETF during the third quarter worth approximately $561,000.

iShares Short Maturity Municipal Bond Active ETF Trading Up 0.1 %

MEAR opened at $50.21 on Friday. iShares Short Maturity Municipal Bond Active ETF has a 52-week low of $49.62 and a 52-week high of $50.17. The company has a 50 day moving average of $50.19 and a two-hundred day moving average of $50.16.

iShares Short Maturity Municipal Bond Active ETF Cuts Dividend

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