BlackRock Short Maturity Municipal Bond ETF (BATS:MEAR) Sets New 1-Year High at $50.22

BlackRock Short Maturity Municipal Bond ETF (BATS:MEAR) shares reached a new 52-week high on Monday . The stock traded as high as $50.22 and last traded at $50.18, with a volume of 45096 shares. The stock had previously closed at $50.19.

BlackRock Short Maturity Municipal Bond ETF Trading Down 0.0 %

The business has a fifty day moving average price of $50.13 and a 200 day moving average price of $50.08.

BlackRock Short Maturity Municipal Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were given a $0.1434 dividend. The ex-dividend date was Monday, July 1st.

Institutional Trading of BlackRock Short Maturity Municipal Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MEAR. ORG Partners LLC acquired a new position in BlackRock Short Maturity Municipal Bond ETF in the fourth quarter valued at $75,000. Cross Staff Investments Inc acquired a new stake in shares of BlackRock Short Maturity Municipal Bond ETF in the 4th quarter valued at about $400,000. Valley Wealth Managers Inc. increased its position in BlackRock Short Maturity Municipal Bond ETF by 31.0% in the 4th quarter. Valley Wealth Managers Inc. now owns 846 shares of the company’s stock valued at $42,000 after buying an additional 200 shares in the last quarter. Hirtle Callaghan & Co LLC acquired a new position in BlackRock Short Maturity Municipal Bond ETF during the 4th quarter worth approximately $356,000. Finally, Arden Trust Co raised its stake in BlackRock Short Maturity Municipal Bond ETF by 5.2% during the 1st quarter. Arden Trust Co now owns 36,843 shares of the company’s stock worth $1,847,000 after buying an additional 1,828 shares during the period.

BlackRock Short Maturity Municipal Bond 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.