iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) Increases Dividend to $0.13 Per Share

iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) announced a dividend on Friday, February 28th, NASDAQ Dividends reports. Shareholders of record on Monday, March 3rd will be paid a dividend of 0.1301 per share on Thursday, March 6th. The ex-dividend date is Monday, March 3rd. This is a boost from iShares Short Maturity Municipal Bond Active ETF’s previous dividend of $0.13.

iShares Short Maturity Municipal Bond Active ETF Stock Performance

Shares of BATS MEAR traded up $0.37 during mid-day trading on Friday, reaching $50.34. The company’s stock had a trading volume of 111,832 shares. The stock has a fifty day moving average of $50.09 and a two-hundred day moving average of $50.17. 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.