Creative Planning Trims Position in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

Creative Planning reduced its stake in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 7.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,680 shares of the company’s stock after selling 2,107 shares during the period. Creative Planning owned 0.21% of iShares Short Maturity Municipal Bond Active ETF worth $1,292,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of MEAR. Janney Montgomery Scott LLC lifted its stake in iShares Short Maturity Municipal Bond Active ETF by 34.3% in the first quarter. Janney Montgomery Scott LLC now owns 10,733 shares of the company’s stock worth $538,000 after acquiring an additional 2,743 shares during the period. Elmwood Wealth Management Inc. lifted its position in shares of iShares Short Maturity Municipal Bond Active ETF by 37.6% in the 3rd quarter. Elmwood Wealth Management Inc. now owns 59,405 shares of the company’s stock worth $2,989,000 after purchasing an additional 16,240 shares during the period. Webster Bank N. A. boosted its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 39.1% during the third quarter. Webster Bank N. A. now owns 58,640 shares of the company’s stock valued at $2,950,000 after purchasing an additional 16,494 shares in the last quarter. Finally, Arden Trust Co increased its holdings in iShares Short Maturity Municipal Bond Active ETF by 57.7% during the second quarter. Arden Trust Co now owns 58,085 shares of the company’s stock valued at $2,913,000 after buying an additional 21,242 shares during the period.

iShares Short Maturity Municipal Bond Active ETF Stock Performance

iShares Short Maturity Municipal Bond Active ETF stock opened at $50.19 on Thursday. iShares Short Maturity Municipal Bond Active ETF has a twelve month low of $49.62 and a twelve month high of $50.17. The business has a fifty day moving average of $50.24 and a two-hundred day moving average of $50.15.

iShares Short Maturity Municipal Bond Active ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.1401 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.