Mainstay Capital Management LLC ADV purchased a new stake in shares of iShares Short Maturity Municipal Bond ETF (BATS:MEAR) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 3,010 shares of the company’s stock, valued at approximately $150,000.

A number of other hedge funds and other institutional investors have also modified their holdings of MEAR. Truewealth LLC purchased a new position in iShares Short Maturity Municipal Bond ETF in the second quarter worth about $101,000. Signet Financial Management LLC raised its holdings in iShares Short Maturity Municipal Bond ETF by 1,207.7% in the second quarter. Signet Financial Management LLC now owns 2,707 shares of the company’s stock worth $135,000 after buying an additional 2,500 shares during the last quarter. LPL Financial LLC raised its holdings in iShares Short Maturity Municipal Bond ETF by 51.2% in the first quarter. LPL Financial LLC now owns 6,635 shares of the company’s stock worth $330,000 after buying an additional 2,248 shares during the last quarter. First Allied Advisory Services Inc. purchased a new position in iShares Short Maturity Municipal Bond ETF in the second quarter worth about $394,000. Finally, Hilltop Holdings Inc. purchased a new position in iShares Short Maturity Municipal Bond ETF in the second quarter worth about $443,000.

Shares of iShares Short Maturity Municipal Bond ETF stock opened at $49.89 on Monday. iShares Short Maturity Municipal Bond ETF has a 52-week low of $49.62 and a 52-week high of $50.17.

The company also recently announced a monthly dividend, which was paid on Monday, September 10th. Shareholders of record on Wednesday, September 5th were issued a $0.058 dividend. The ex-dividend date was Tuesday, September 4th. This is a boost from iShares Short Maturity Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a $0.70 annualized dividend and a yield of 1.39%.

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Institutional Ownership by Quarter for iShares Short Maturity Municipal Bond ETF (BATS:MEAR)

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