Thrivent Financial for Lutherans Makes New $2.69 Million Investment in iShares Short Maturity Municipal Bond Active ETF $MEAR

Thrivent Financial for Lutherans acquired a new position in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 53,148 shares of the company’s stock, valued at approximately $2,685,000. Thrivent Financial for Lutherans owned about 0.24% of iShares Short Maturity Municipal Bond Active ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in MEAR. Client First Capital LLC lifted its holdings in iShares Short Maturity Municipal Bond Active ETF by 10.6% in the second quarter. Client First Capital LLC now owns 15,313 shares of the company’s stock valued at $770,000 after buying an additional 1,470 shares during the period. Truist Financial Corp boosted its position in shares of iShares Short Maturity Municipal Bond Active ETF by 39.8% during the 2nd quarter. Truist Financial Corp now owns 20,564 shares of the company’s stock valued at $1,034,000 after purchasing an additional 5,853 shares in the last quarter. Bellecapital International Ltd. bought a new stake in shares of iShares Short Maturity Municipal Bond Active ETF during the 3rd quarter valued at about $1,006,000. Allworth Financial LP grew its stake in iShares Short Maturity Municipal Bond Active ETF by 11.6% during the second quarter. Allworth Financial LP now owns 11,433 shares of the company’s stock worth $575,000 after purchasing an additional 1,189 shares during the period. Finally, Janney Montgomery Scott LLC increased its holdings in iShares Short Maturity Municipal Bond Active ETF by 93.5% in the second quarter. Janney Montgomery Scott LLC now owns 22,336 shares of the company’s stock worth $1,123,000 after purchasing an additional 10,792 shares in the last quarter.

iShares Short Maturity Municipal Bond Active ETF Price Performance

Shares of MEAR opened at $50.50 on Tuesday. iShares Short Maturity Municipal Bond Active ETF has a 52-week low of $49.44 and a 52-week high of $50.78. The business’s 50 day moving average price is $50.37 and its two-hundred day moving average price is $50.40.

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.