Foster Group Inc. Increases Position in iShares Short Maturity Municipal Bond Active ETF $MEAR

Foster Group Inc. boosted its holdings in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 4.5% in the fourth quarter, HoldingsChannel reports. The firm owned 550,934 shares of the company’s stock after purchasing an additional 23,603 shares during the period. iShares Short Maturity Municipal Bond Active ETF comprises about 0.8% of Foster Group Inc.’s portfolio, making the stock its 29th largest holding. Foster Group Inc.’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $27,723,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the business. Captrust Financial Advisors increased its holdings in iShares Short Maturity Municipal Bond Active ETF by 115.3% during the 3rd quarter. Captrust Financial Advisors now owns 1,258,796 shares of the company’s stock worth $63,582,000 after purchasing an additional 674,207 shares during the last quarter. Aprio Wealth Management LLC boosted its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 35.2% during the 3rd quarter. Aprio Wealth Management LLC now owns 40,268 shares of the company’s stock valued at $2,034,000 after buying an additional 10,481 shares during the last quarter. Bellecapital International Ltd. purchased a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the 3rd quarter valued at approximately $1,006,000. Savant Capital LLC grew its position in shares of iShares Short Maturity Municipal Bond Active ETF by 16.0% during the third quarter. Savant Capital LLC now owns 146,595 shares of the company’s stock worth $7,405,000 after buying an additional 20,213 shares in the last quarter. Finally, Quotient Wealth Partners LLC grew its position in shares of iShares Short Maturity Municipal Bond Active ETF by 9.1% during the third quarter. Quotient Wealth Partners LLC now owns 193,455 shares of the company’s stock worth $9,771,000 after buying an additional 16,093 shares in the last quarter.

iShares Short Maturity Municipal Bond Active ETF Stock Performance

Shares of BATS:MEAR opened at $50.29 on Thursday. The company has a fifty day simple moving average of $50.47 and a 200 day simple moving average of $50.42. iShares Short Maturity Municipal Bond Active ETF has a 12-month low of $49.44 and a 12-month 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.