MMA Asset Management LLC Acquires Shares of 24,073 iShares Short Maturity Municipal Bond Active ETF $MEAR

MMA Asset Management LLC acquired a new stake in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 24,073 shares of the company’s stock, valued at approximately $1,211,000. MMA Asset Management LLC owned about 0.11% of iShares Short Maturity Municipal Bond Active ETF at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. acquired a new stake in shares of iShares Short Maturity Municipal Bond Active ETF during the 2nd quarter worth approximately $29,000. Centennial Bank AR acquired a new position in iShares Short Maturity Municipal Bond Active ETF in the third quarter valued at $31,000. AE Wealth Management LLC increased its stake in iShares Short Maturity Municipal Bond Active ETF by 141.1% in the third quarter. AE Wealth Management LLC now owns 687 shares of the company’s stock valued at $35,000 after purchasing an additional 402 shares during the period. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of iShares Short Maturity Municipal Bond Active ETF during the second quarter worth about $120,000. Finally, Mather Group LLC. acquired a new stake in shares of iShares Short Maturity Municipal Bond Active ETF during the third quarter worth about $133,000.

iShares Short Maturity Municipal Bond Active ETF Stock Performance

Shares of MEAR opened at $50.23 on Tuesday. iShares Short Maturity Municipal Bond Active ETF has a fifty-two week low of $49.95 and a fifty-two week high of $50.79. The firm has a 50-day simple moving average of $50.38 and a 200-day simple moving average of $50.39.

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.