Concurrent Investment Advisors LLC Invests $201,000 in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

Concurrent Investment Advisors LLC acquired a new stake in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 3,986 shares of the company’s stock, valued at approximately $201,000.

Several other large investors have also bought and sold shares of MEAR. 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. Summit Wealth Partners LLC purchased a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the third quarter valued at approximately $369,000. Janney Montgomery Scott LLC lifted its position in iShares Short Maturity Municipal Bond Active ETF by 34.3% during the first quarter. Janney Montgomery Scott LLC now owns 10,733 shares of the company’s stock valued at $538,000 after purchasing an additional 2,743 shares during the period. Evernest Financial Advisors LLC boosted its holdings in iShares Short Maturity Municipal Bond Active ETF by 2.0% in the third quarter. Evernest Financial Advisors LLC now owns 14,527 shares of the company’s stock worth $731,000 after purchasing an additional 282 shares during the last quarter. Finally, Global Retirement Partners LLC grew its position in iShares Short Maturity Municipal Bond Active ETF by 5.7% in the 3rd quarter. Global Retirement Partners LLC now owns 17,259 shares of the company’s stock worth $868,000 after purchasing an additional 935 shares during the period.

iShares Short Maturity Municipal Bond Active ETF Trading Up 0.1 %

Shares of MEAR opened at $50.15 on Tuesday. iShares Short Maturity Municipal Bond Active ETF has a 1-year low of $49.62 and a 1-year high of $50.17. The firm has a fifty day simple moving average of $50.21 and a two-hundred day simple moving average of $50.15.

iShares Short Maturity Municipal Bond Active ETF Cuts Dividend

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

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.