Donaldson Capital Management LLC Trims Stake in iShares Short Maturity Municipal Bond Active ETF $MEAR

Donaldson Capital Management LLC lowered its stake in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 22.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 73,844 shares of the company’s stock after selling 21,240 shares during the quarter. Donaldson Capital Management LLC owned about 0.33% of iShares Short Maturity Municipal Bond Active ETF worth $3,730,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in MEAR. Royal Bank of Canada raised its position in shares of iShares Short Maturity Municipal Bond Active ETF by 206.1% during the 1st quarter. Royal Bank of Canada now owns 107,035 shares of the company’s stock valued at $5,378,000 after purchasing an additional 72,073 shares during the period. Janney Montgomery Scott LLC increased its stake in iShares Short Maturity Municipal Bond Active ETF by 93.5% in the 2nd quarter. Janney Montgomery Scott LLC now owns 22,336 shares of the company’s stock worth $1,123,000 after buying an additional 10,792 shares in the last quarter. Truist Financial Corp raised its holdings in iShares Short Maturity Municipal Bond Active ETF by 39.8% during the second quarter. Truist Financial Corp now owns 20,564 shares of the company’s stock valued at $1,034,000 after acquiring an additional 5,853 shares during the period. Keystone Financial Group Inc. lifted its position in shares of iShares Short Maturity Municipal Bond Active ETF by 36.3% in the second quarter. Keystone Financial Group Inc. now owns 71,223 shares of the company’s stock valued at $3,581,000 after acquiring an additional 18,965 shares in the last quarter. Finally, Valley National Advisers Inc. lifted its position in shares of iShares Short Maturity Municipal Bond Active ETF by 24.2% in the second quarter. Valley National Advisers Inc. now owns 7,046 shares of the company’s stock valued at $354,000 after acquiring an additional 1,372 shares in the last quarter.

iShares Short Maturity Municipal Bond Active ETF Trading Up 0.6%

BATS:MEAR opened at $50.52 on Friday. iShares Short Maturity Municipal Bond Active ETF has a 12-month low of $49.44 and a 12-month high of $50.51. The stock has a 50-day moving average price of $50.36 and a 200 day moving average price of $50.39.

iShares Short Maturity Municipal Bond Active ETF 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.