Truist Financial Corp Buys 11,776 Shares of iShares Short Maturity Municipal Bond Active ETF $MEAR

Truist Financial Corp boosted its position in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 57.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,340 shares of the company’s stock after acquiring an additional 11,776 shares during the period. Truist Financial Corp owned 0.14% of iShares Short Maturity Municipal Bond Active ETF worth $1,633,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. bought a new position in shares of iShares Short Maturity Municipal Bond Active ETF in the second quarter worth $29,000. Harbor Asset Planning Inc. purchased a new position in iShares Short Maturity Municipal Bond Active ETF during the second quarter worth about $48,000. Northwestern Mutual Wealth Management Co. purchased a new position in iShares Short Maturity Municipal Bond Active ETF during the second quarter worth about $120,000. Mather Group LLC. bought a new position in iShares Short Maturity Municipal Bond Active ETF in the 3rd quarter worth about $133,000. Finally, Avidian Wealth Enterprises LLC purchased a new stake in shares of iShares Short Maturity Municipal Bond Active ETF in the 2nd quarter valued at about $210,000.

iShares Short Maturity Municipal Bond Active ETF Trading Up 0.5%

Shares of MEAR opened at $50.48 on Monday. iShares Short Maturity Municipal Bond Active ETF has a 12-month low of $49.44 and a 12-month high of $50.51. The stock has a 50-day moving average price of $50.37 and a 200-day moving average price of $50.40.

iShares Short Maturity Municipal Bond Active 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.