Stifel Financial Corp Boosts Stake in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

Stifel Financial Corp lifted its position in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 15.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,703 shares of the company’s stock after purchasing an additional 5,574 shares during the quarter. Stifel Financial Corp owned about 0.33% of iShares Short Maturity Municipal Bond Active ETF worth $2,048,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC bought a new stake in iShares Short Maturity Municipal Bond Active ETF during the third quarter worth about $33,000. Concurrent Investment Advisors LLC purchased a new stake in shares of iShares Short Maturity Municipal Bond Active ETF during the third quarter valued at approximately $201,000. CFS Investment Advisory Services LLC increased its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 8.7% in the 3rd quarter. CFS Investment Advisory Services LLC now owns 5,431 shares of the company’s stock worth $273,000 after purchasing an additional 436 shares in the last quarter. Shum Financial Group Inc. bought a new stake in iShares Short Maturity Municipal Bond Active ETF in the 3rd quarter worth about $333,000. Finally, Milestone Investment Advisors LLC raised its position in iShares Short Maturity Municipal Bond Active ETF by 132.8% in the 3rd quarter. Milestone Investment Advisors LLC now owns 6,992 shares of the company’s stock worth $352,000 after buying an additional 3,989 shares during the last quarter.

iShares Short Maturity Municipal Bond Active ETF Stock Down 0.1 %

Shares of BATS MEAR opened at $49.94 on Friday. The firm’s 50-day moving average price is $50.17 and its 200-day moving average price is $50.18. iShares Short Maturity Municipal Bond Active ETF has a 52-week low of $49.62 and a 52-week high of $50.17.

iShares Short Maturity Municipal Bond Active ETF Company 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.