Keystone Financial Group Inc. Acquires 10,043 Shares of iShares Short Maturity Municipal Bond Active ETF $MEAR

Keystone Financial Group Inc. raised its holdings in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 14.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 81,266 shares of the company’s stock after acquiring an additional 10,043 shares during the quarter. iShares Short Maturity Municipal Bond Active ETF comprises approximately 2.3% of Keystone Financial Group Inc.’s portfolio, making the stock its 13th biggest holding. Keystone Financial Group Inc. owned approximately 0.36% of iShares Short Maturity Municipal Bond Active ETF worth $4,105,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in MEAR. Client First Capital LLC raised its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 10.6% during the 2nd quarter. Client First Capital LLC now owns 15,313 shares of the company’s stock valued at $770,000 after purchasing an additional 1,470 shares during the period. Truist Financial Corp boosted its stake in iShares Short Maturity Municipal Bond Active ETF by 39.8% in the 2nd quarter. Truist Financial Corp now owns 20,564 shares of the company’s stock worth $1,034,000 after purchasing an additional 5,853 shares during the period. Bellecapital International Ltd. purchased a new position in iShares Short Maturity Municipal Bond Active ETF during the 3rd quarter valued at about $1,006,000. Farther Finance Advisors LLC increased its position in shares of iShares Short Maturity Municipal Bond Active ETF by 570.3% during the second quarter. Farther Finance Advisors LLC now owns 8,875 shares of the company’s stock valued at $446,000 after buying an additional 7,551 shares during the period. Finally, Allworth Financial LP increased its position in shares of 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 valued at $575,000 after buying an additional 1,189 shares during the period.

iShares Short Maturity Municipal Bond Active ETF Stock Performance

MEAR stock opened at $50.31 on Wednesday. The firm has a 50 day moving average of $50.35 and a 200-day moving average of $50.36. iShares Short Maturity Municipal Bond Active ETF has a 12 month low of $49.44 and a 12 month high of $50.51.

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.