Smart Money Group LLC Sells 14,256 Shares of iShares Short Maturity Municipal Bond Active ETF $MEAR

Smart Money Group LLC lowered its holdings in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 10.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 127,694 shares of the company’s stock after selling 14,256 shares during the period. iShares Short Maturity Municipal Bond Active ETF makes up 2.0% of Smart Money Group LLC’s holdings, making the stock its 4th largest position. Smart Money Group LLC owned approximately 0.57% of iShares Short Maturity Municipal Bond Active ETF worth $6,419,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of MEAR. Harbor Asset Planning Inc. acquired a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the second quarter valued at $48,000. Financial Management Professionals Inc. acquired a new position in iShares Short Maturity Municipal Bond Active ETF during the 2nd quarter valued at about $90,000. Capital Advisors Ltd. LLC raised its position in shares of iShares Short Maturity Municipal Bond Active ETF by 370.4% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 2,921 shares of the company’s stock worth $147,000 after buying an additional 2,300 shares in the last quarter. Concurrent Investment Advisors LLC bought a new stake in shares of iShares Short Maturity Municipal Bond Active ETF during the 1st quarter worth about $200,000. Finally, Silver Oak Securities Incorporated acquired a new stake in shares of iShares Short Maturity Municipal Bond Active ETF in the 2nd quarter worth approximately $207,000.

iShares Short Maturity Municipal Bond Active ETF Trading Up 0.2%

iShares Short Maturity Municipal Bond Active ETF stock opened at $50.33 on Friday. iShares Short Maturity Municipal Bond Active ETF has a 12-month low of $49.44 and a 12-month high of $50.51. The firm has a 50 day simple moving average of $50.44 and a 200-day simple moving average of $50.29.

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.