Benjamin Edwards Inc. Has $475,000 Stock Position in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

Benjamin Edwards Inc. cut its stake in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 8.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 9,505 shares of the company’s stock after selling 876 shares during the quarter. Benjamin Edwards Inc.’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $475,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Farther Finance Advisors LLC acquired a new position in iShares Short Maturity Municipal Bond Active ETF during the fourth quarter worth $60,000. Capital Investment Advisory Services LLC increased its position in shares of iShares Short Maturity Municipal Bond Active ETF by 41.1% during the 4th quarter. Capital Investment Advisory Services LLC now owns 1,990 shares of the company’s stock worth $99,000 after purchasing an additional 580 shares in the last quarter. WealthTrak Capital Management LLC bought a new position in iShares Short Maturity Municipal Bond Active ETF during the 4th quarter valued at about $105,000. Wells Fargo & Company MN boosted its position in iShares Short Maturity Municipal Bond Active ETF by 18.5% in the fourth quarter. Wells Fargo & Company MN now owns 2,370 shares of the company’s stock valued at $118,000 after buying an additional 370 shares in the last quarter. Finally, BCGM Wealth Management LLC bought a new stake in iShares Short Maturity Municipal Bond Active ETF during the fourth quarter worth about $236,000.

iShares Short Maturity Municipal Bond Active ETF Stock Performance

Shares of MEAR stock opened at $50.00 on Friday. The stock’s fifty day moving average is $50.07 and its 200-day moving average is $50.10. iShares Short Maturity Municipal Bond Active ETF has a 52 week low of $49.44 and a 52 week high of $51.10.

iShares Short Maturity Municipal Bond Active ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.1301 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost from iShares Short Maturity Municipal Bond Active ETF’s previous dividend of $0.13.

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.