Perennial Investment Advisors LLC Purchases 7,771 Shares of iShares Short Maturity Municipal Bond Active ETF $MEAR

Perennial Investment Advisors LLC increased its holdings in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 148.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,018 shares of the company’s stock after acquiring an additional 7,771 shares during the period. Perennial Investment Advisors LLC’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $654,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Fidelis Capital Partners LLC grew its stake in iShares Short Maturity Municipal Bond Active ETF by 5.0% in the 2nd quarter. Fidelis Capital Partners LLC now owns 4,389 shares of the company’s stock valued at $221,000 after purchasing an additional 208 shares during the period. Jacobson & Schmitt Advisors LLC boosted its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 0.6% in the 2nd quarter. Jacobson & Schmitt Advisors LLC now owns 66,993 shares of the company’s stock worth $3,368,000 after buying an additional 406 shares during the last quarter. Elmwood Wealth Management Inc. grew its position in iShares Short Maturity Municipal Bond Active ETF by 1.2% during the second quarter. Elmwood Wealth Management Inc. now owns 76,605 shares of the company’s stock valued at $3,851,000 after buying an additional 875 shares during the period. Harbor Asset Planning Inc. purchased a new stake in iShares Short Maturity Municipal Bond Active ETF during the second quarter worth about $48,000. Finally, Eagle Global Advisors LLC grew its position in shares of iShares Short Maturity Municipal Bond Active ETF by 2.8% during the 2nd quarter. Eagle Global Advisors LLC now owns 36,650 shares of the company’s stock valued at $1,842,000 after acquiring an additional 1,000 shares during the period.

iShares Short Maturity Municipal Bond Active ETF Stock Up 0.3%

BATS:MEAR opened at $50.38 on Wednesday. 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’s 50 day moving average is $50.43 and its 200 day moving average is $50.31.

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.