Smart Money Group LLC Boosts Holdings in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

Smart Money Group LLC increased its position in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 1.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 150,704 shares of the company’s stock after buying an additional 1,503 shares during the quarter. iShares Short Maturity Municipal Bond Active ETF accounts for 2.6% of Smart Money Group LLC’s portfolio, making the stock its 7th biggest holding. Smart Money Group LLC owned approximately 1.22% of iShares Short Maturity Municipal Bond Active ETF worth $7,528,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC acquired a new position in iShares Short Maturity Municipal Bond Active ETF in the third quarter worth about $33,000. Concurrent Investment Advisors LLC bought a new stake in iShares Short Maturity Municipal Bond Active ETF in the third quarter valued at $201,000. Client 1ST Advisory Group LLC bought a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the fourth quarter valued at $271,000. CFS Investment Advisory Services LLC boosted its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 8.7% in 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 in the last quarter. Finally, Tidal Investments LLC bought a new stake in shares of iShares Short Maturity Municipal Bond Active ETF in the 3rd quarter worth about $332,000.

iShares Short Maturity Municipal Bond Active ETF Price Performance

Shares of MEAR stock opened at $50.05 on Monday. iShares Short Maturity Municipal Bond Active ETF has a 12-month low of $49.62 and a 12-month high of $50.17. The firm has a 50-day moving average price of $50.09 and a 200 day moving average price of $50.16.

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.