Kestra Advisory Services LLC Has $3.06 Million Stock Position in iShares Short Maturity Municipal Bond Active ETF $MEAR

Kestra Advisory Services LLC lessened its holdings in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 16.6% during the first quarter, Holdings Channel.com reports. The institutional investor owned 60,856 shares of the company’s stock after selling 12,111 shares during the quarter. Kestra Advisory Services LLC’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $3,063,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in MEAR. Captrust Financial Advisors raised its stake in iShares Short Maturity Municipal Bond Active ETF by 105.8% in the 2nd quarter. Captrust Financial Advisors now owns 584,589 shares of the company’s stock valued at $29,387,000 after acquiring an additional 300,537 shares during the period. Resonant Capital Advisors LLC boosted its position in iShares Short Maturity Municipal Bond Active ETF by 21.4% during the first quarter. Resonant Capital Advisors LLC now owns 1,666,710 shares of the company’s stock worth $83,902,000 after purchasing an additional 293,492 shares during the period. Cetera Investment Advisers boosted its position in iShares Short Maturity Municipal Bond Active ETF by 138.2% during the fourth quarter. Cetera Investment Advisers now owns 485,302 shares of the company’s stock worth $24,420,000 after purchasing an additional 281,524 shares during the period. Bank of America Corp DE increased its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 21.4% in the second quarter. Bank of America Corp DE now owns 1,149,777 shares of the company’s stock valued at $57,799,000 after purchasing an additional 202,654 shares during the last quarter. Finally, Rockwood Wealth Management LLC increased its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 8.1% in the fourth quarter. Rockwood Wealth Management LLC now owns 2,191,159 shares of the company’s stock valued at $110,259,000 after purchasing an additional 163,620 shares during the last quarter.

iShares Short Maturity Municipal Bond Active ETF Price Performance

Shares of MEAR opened at $50.25 on Friday. The company’s 50-day moving average is $50.28 and its 200-day moving average is $50.36. iShares Short Maturity Municipal Bond Active ETF has a fifty-two week low of $50.12 and a fifty-two week high of $50.79.

About iShares Short Maturity Municipal Bond Active 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.