Truist Financial Corp Buys 11,776 Shares of iShares Short Maturity Municipal Bond Active ETF $MEAR

Truist Financial Corp increased its stake in shares of iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 57.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,340 shares of the company’s stock after acquiring an additional 11,776 shares during the quarter. Truist Financial Corp’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $1,633,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Newbridge Financial Services Group Inc. bought a new position in shares of iShares Short Maturity Municipal Bond Active ETF in the second quarter worth approximately $29,000. Harbor Asset Planning Inc. purchased a new stake in shares of iShares Short Maturity Municipal Bond Active ETF during the second quarter worth about $48,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of iShares Short Maturity Municipal Bond Active ETF in the second quarter worth about $120,000. Mather Group LLC. purchased a new position in iShares Short Maturity Municipal Bond Active ETF during the 3rd quarter valued at about $133,000. Finally, Independent Wealth Network Inc. bought a new position in iShares Short Maturity Municipal Bond Active ETF during the 3rd quarter valued at approximately $211,000.

iShares Short Maturity Municipal Bond Active ETF Trading Up 0.5%

Shares of MEAR stock opened at $50.48 on Monday. iShares Short Maturity Municipal Bond Active ETF has a fifty-two week low of $49.44 and a fifty-two week high of $50.51. The business’s 50 day moving average price is $50.37 and its 200-day moving average price is $50.40.

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.