BlackRock Short Maturity Municipal Bond ETF (BATS:MEAR) Sets New 1-Year High at $50.33

BlackRock Short Maturity Municipal Bond ETF (BATS:MEAR)’s stock price reached a new 52-week high on Monday . The stock traded as high as $50.33 and last traded at $50.33, with a volume of 79547 shares traded. The stock had previously closed at $50.32.

BlackRock Short Maturity Municipal Bond ETF Price Performance

The company’s 50 day moving average price is $50.16 and its two-hundred day moving average price is $50.09.

BlackRock Short Maturity Municipal Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were given a dividend of $0.1434 per share. The ex-dividend date was Monday, July 1st.

Institutional Investors Weigh In On BlackRock Short Maturity Municipal Bond ETF

Institutional investors have recently made changes to their positions in the stock. Janney Montgomery Scott LLC increased its position in shares of BlackRock Short Maturity Municipal Bond 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 acquiring an additional 2,743 shares during the last quarter. Hirtle Callaghan & Co LLC acquired a new position in shares of BlackRock Short Maturity Municipal Bond ETF in the fourth quarter valued at approximately $356,000. VERITY Wealth Advisors grew its holdings in shares of BlackRock Short Maturity Municipal Bond ETF by 53.6% in the first quarter. VERITY Wealth Advisors now owns 15,421 shares of the company’s stock valued at $773,000 after purchasing an additional 5,383 shares in the last quarter. Arden Trust Co grew its holdings in shares of BlackRock Short Maturity Municipal Bond ETF by 5.2% in the first quarter. Arden Trust Co now owns 36,843 shares of the company’s stock valued at $1,847,000 after purchasing an additional 1,828 shares in the last quarter. Finally, Valley Wealth Managers Inc. grew its holdings in shares of BlackRock Short Maturity Municipal Bond ETF by 31.0% in the fourth quarter. Valley Wealth Managers Inc. now owns 846 shares of the company’s stock valued at $42,000 after purchasing an additional 200 shares in the last quarter.

BlackRock Short Maturity Municipal Bond 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.