JPMorgan Chase & Co. Increases Stock Position in iShares Short Maturity Municipal Bond Active ETF $MEAR

JPMorgan Chase & Co. boosted its holdings in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 14.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 331,557 shares of the company’s stock after buying an additional 41,148 shares during the period. JPMorgan Chase & Co. owned approximately 1.48% of iShares Short Maturity Municipal Bond Active ETF worth $16,747,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Newbridge Financial Services Group Inc. purchased a new position in shares of iShares Short Maturity Municipal Bond Active ETF in the second quarter valued at $29,000. AE Wealth Management LLC boosted its stake in iShares Short Maturity Municipal Bond Active ETF by 141.1% in the 3rd quarter. AE Wealth Management LLC now owns 687 shares of the company’s stock worth $35,000 after purchasing an additional 402 shares during the period. Northwestern Mutual Wealth Management Co. bought a new position in iShares Short Maturity Municipal Bond Active ETF in the 2nd quarter worth about $120,000. Mather Group LLC. purchased a new position in iShares Short Maturity Municipal Bond Active ETF during the 3rd quarter valued at about $133,000. Finally, Independent Wealth Network Inc. bought a new stake in shares of iShares Short Maturity Municipal Bond Active ETF during the third quarter valued at about $211,000.

iShares Short Maturity Municipal Bond Active ETF Price Performance

Shares of iShares Short Maturity Municipal Bond Active ETF stock opened at $50.47 on Wednesday. iShares Short Maturity Municipal Bond Active ETF has a 12-month low of $49.44 and a 12-month high of $50.79. The company’s 50-day moving average price is $50.45 and its 200-day moving average price is $50.42.

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.