55 North Private Wealth LLC Makes New $9.13 Million Investment in iShares Short Maturity Municipal Bond Active ETF $MEAR

55 North Private Wealth LLC purchased a new stake in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 183,976 shares of the company’s stock, valued at approximately $9,131,000. iShares Short Maturity Municipal Bond Active ETF accounts for about 1.7% of 55 North Private Wealth LLC’s portfolio, making the stock its 10th biggest position. 55 North Private Wealth LLC owned approximately 0.82% of iShares Short Maturity Municipal Bond Active ETF as of its most recent SEC filing.

Several other large investors have also made changes to their positions in MEAR. Rockwood Wealth Management LLC boosted its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 3.9% in the first quarter. Rockwood Wealth Management LLC now owns 2,276,419 shares of the company’s stock worth $114,595,000 after acquiring an additional 85,260 shares during the period. Resonant Capital Advisors LLC raised its stake in iShares Short Maturity Municipal Bond Active ETF by 21.4% during the 1st quarter. Resonant Capital Advisors LLC now owns 1,666,710 shares of the company’s stock valued at $83,902,000 after purchasing an additional 293,492 shares during the period. Bank of America Corp DE raised its stake in iShares Short Maturity Municipal Bond Active ETF by 20.9% during the 1st quarter. Bank of America Corp DE now owns 1,418,879 shares of the company’s stock valued at $71,426,000 after purchasing an additional 245,078 shares during the period. Foster Group Inc. purchased a new position in iShares Short Maturity Municipal Bond Active ETF in the 3rd quarter worth approximately $30,922,000. Finally, Cetera Investment Advisers lifted its holdings in iShares Short Maturity Municipal Bond Active ETF by 4.3% in the 1st quarter. Cetera Investment Advisers now owns 506,011 shares of the company’s stock worth $25,473,000 after purchasing an additional 20,709 shares in the last quarter.

iShares Short Maturity Municipal Bond Active ETF Trading Up 0.1%

MEAR stock traded up $0.03 during midday trading on Tuesday, hitting $49.84. The company’s stock had a trading volume of 147,372 shares, compared to its average volume of 206,001. iShares Short Maturity Municipal Bond Active ETF has a 12 month low of $49.48 and a 12 month high of $50.79. The company has a 50 day moving average of $49.94 and a two-hundred day moving average of $50.15.

iShares Short Maturity Municipal Bond Active ETF 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.