VERITY Wealth Advisors Has $573,000 Stock Position in BlackRock Short Maturity Municipal Bond ETF (BATS:MEAR)

VERITY Wealth Advisors decreased its stake in shares of BlackRock Short Maturity Municipal Bond ETF (BATS:MEAR) by 25.9% during the 2nd quarter, Holdings Channel reports. The firm owned 11,425 shares of the company’s stock after selling 3,996 shares during the period. VERITY Wealth Advisors’ holdings in BlackRock Short Maturity Municipal Bond ETF were worth $573,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in MEAR. Arden Trust Co increased its holdings in shares of BlackRock Short Maturity Municipal Bond ETF by 57.7% during the 2nd quarter. Arden Trust Co now owns 58,085 shares of the company’s stock worth $2,913,000 after acquiring an additional 21,242 shares during the last quarter. Hirtle Callaghan & Co LLC acquired a new position in shares of BlackRock Short Maturity Municipal Bond ETF during the 4th quarter worth approximately $356,000. Janney Montgomery Scott LLC increased its holdings in shares of BlackRock Short Maturity Municipal Bond ETF by 34.3% during the 1st 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 last quarter. Finally, Valley Wealth Managers Inc. increased its holdings in shares of BlackRock Short Maturity Municipal Bond ETF by 31.0% during the 4th quarter. Valley Wealth Managers Inc. now owns 846 shares of the company’s stock worth $42,000 after acquiring an additional 200 shares during the last quarter.

BlackRock Short Maturity Municipal Bond ETF Price Performance

MEAR stock opened at $50.22 on Wednesday. BlackRock Short Maturity Municipal Bond ETF has a 1-year low of $49.62 and a 1-year high of $50.17. The business’s 50 day simple moving average is $50.18 and its 200 day simple moving average is $50.10.

BlackRock Short Maturity Municipal Bond ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, September 6th. Investors of record on Tuesday, September 3rd will be paid a $0.1401 dividend. The ex-dividend date is Tuesday, September 3rd.

About BlackRock Short Maturity Municipal Bond ETF

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.