Webster Bank N. A. Boosts Stock Holdings in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR)

Webster Bank N. A. raised its holdings in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 39.1% during the third quarter, HoldingsChannel reports. The firm owned 58,640 shares of the company’s stock after purchasing an additional 16,494 shares during the period. Webster Bank N. A.’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $2,950,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Arden Trust Co increased its position in iShares Short Maturity Municipal Bond Active ETF by 57.7% during the 2nd quarter. Arden Trust Co now owns 58,085 shares of the company’s stock valued at $2,913,000 after purchasing an additional 21,242 shares during the period. Janney Montgomery Scott LLC increased its position in iShares Short Maturity Municipal Bond Active ETF by 34.3% during the 1st 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. Finally, VERITY Wealth Advisors increased its position in iShares Short Maturity Municipal Bond Active ETF by 53.6% during the 1st 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 during the period.

iShares Short Maturity Municipal Bond Active ETF Stock Up 0.1 %

Shares of iShares Short Maturity Municipal Bond Active ETF stock traded up $0.04 on Friday, reaching $50.21. The stock had a trading volume of 33,533 shares. The company has a 50 day moving average price of $50.24 and a 200 day moving average price of $50.13. iShares Short Maturity Municipal Bond Active ETF has a 1 year low of $49.62 and a 1 year high of $50.17.

iShares Short Maturity Municipal Bond Active ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.1401 dividend. The ex-dividend date 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.