Keystone Financial Group Inc. Trims Stock Position in iShares Short Maturity Municipal Bond Active ETF $MEAR

Keystone Financial Group Inc. lessened its holdings in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 45.0% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 43,903 shares of the company’s stock after selling 35,855 shares during the period. iShares Short Maturity Municipal Bond Active ETF comprises approximately 1.1% of Keystone Financial Group Inc.’s holdings, making the stock its 20th biggest position. Keystone Financial Group Inc.’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $2,210,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Royal Bank of Canada increased its holdings in iShares Short Maturity Municipal Bond Active ETF by 206.1% during the first quarter. Royal Bank of Canada now owns 107,035 shares of the company’s stock valued at $5,378,000 after buying an additional 72,073 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the 2nd quarter worth $120,000. NewEdge Advisors LLC grew its position in shares of iShares Short Maturity Municipal Bond Active ETF by 7.3% during the 2nd quarter. NewEdge Advisors LLC now owns 128,780 shares of the company’s stock valued at $6,474,000 after acquiring an additional 8,740 shares during the period. Jane Street Group LLC increased its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 468.5% in the 2nd quarter. Jane Street Group LLC now owns 131,042 shares of the company’s stock worth $6,587,000 after purchasing an additional 107,993 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 21.4% in the 2nd quarter. Bank of America Corp DE now owns 1,149,777 shares of the company’s stock worth $57,799,000 after purchasing an additional 202,654 shares in the last quarter.

iShares Short Maturity Municipal Bond Active ETF Trading Up 0.0%

BATS MEAR opened at $50.38 on Friday. The business’s fifty day moving average is $50.29 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.