iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) Sets New 52-Week Low – What’s Next?

iShares Short Maturity Municipal Bond Active ETF (BATS:MEARGet Free Report)’s share price reached a new 52-week low on Monday . The stock traded as low as $50.10 and last traded at $50.13, with a volume of 26321 shares trading hands. The stock had previously closed at $50.23.

iShares Short Maturity Municipal Bond Active ETF Stock Performance

The business’s 50 day simple moving average is $50.27 and its 200-day simple moving average is $50.35.

Institutional Trading of iShares Short Maturity Municipal Bond Active ETF

A number of institutional investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. increased its position in iShares Short Maturity Municipal Bond Active ETF by 2.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 12,062 shares of the company’s stock worth $607,000 after purchasing an additional 240 shares during the last quarter. Advisory Services Network LLC lifted its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 4.2% during the 3rd quarter. Advisory Services Network LLC now owns 8,485 shares of the company’s stock valued at $429,000 after buying an additional 339 shares during the last quarter. Meeder Advisory Services Inc. lifted its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 0.9% during the 4th quarter. Meeder Advisory Services Inc. now owns 43,057 shares of the company’s stock valued at $2,167,000 after buying an additional 380 shares during the last quarter. Thrivent Financial for Lutherans grew its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 0.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 53,536 shares of the company’s stock valued at $2,693,000 after buying an additional 388 shares in the last quarter. Finally, Centennial Bank AR grew its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 23.6% in the 1st quarter. Centennial Bank AR now owns 2,139 shares of the company’s stock valued at $108,000 after buying an additional 409 shares in the last quarter.

About iShares Short Maturity Municipal Bond Active ETF

(Get Free Report)

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.

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