DORVAL Corp Acquires 25,327 Shares of iShares Short Maturity Municipal Bond Active ETF $MEAR

DORVAL Corp bought a new stake in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 25,327 shares of the company’s stock, valued at approximately $1,257,000. iShares Short Maturity Municipal Bond Active ETF makes up approximately 0.4% of DORVAL Corp’s investment portfolio, making the stock its 27th largest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. 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 increased 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 valued at $83,902,000 after acquiring an additional 293,492 shares during the last quarter. Bank of America Corp DE raised its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 20.9% in the first quarter. Bank of America Corp DE now owns 1,418,879 shares of the company’s stock valued at $71,426,000 after acquiring an additional 245,078 shares during the period. Foster Group Inc. purchased a new stake in shares of iShares Short Maturity Municipal Bond Active ETF in the third quarter valued at $30,922,000. Finally, Cetera Investment Advisers raised its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 4.3% in the first quarter. Cetera Investment Advisers now owns 506,011 shares of the company’s stock valued at $25,473,000 after acquiring an additional 20,709 shares during the period.

iShares Short Maturity Municipal Bond Active ETF Stock Down 0.2%

MEAR stock opened at $49.98 on Tuesday. 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 price of $49.90 and a 200 day moving average price of $50.22.

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.