BlackRock Short Maturity Municipal Bond ETF (BATS:MEAR) sets new 12-month high at $50.32

BlackRock Short Maturity Municipal Bond ETF (BATS:MEAR – Get Free Report ) hit a new 52-week high during trading on Monday . The company traded as high as $50.32 and last traded at $50.29 with a volume of 43700 shares. Shares previously closed at $50.29.

BlackRock Short Maturity Municipal Bond ETF Price Performance

The company’s 50-day moving average is $50.23 and its 200-day moving average is $50.12.

BlackRock Short Maturity Municipal Bond ETF Cuts Dividends

The company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.1401 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

Hedge funds leverage the short-maturity BlackRock Municipal Bond ETF

Institutional investors have recently made changes to their positions in the company. Janney Montgomery Scott LLC boosted its holdings in BlackRock Short Maturity Municipal Bond ETF by 34.3% in the first quarter. Janney Montgomery Scott LLC now owns 10,733 shares of the company’s stock worth $538,000 after purchasing an additional 2,743 shares in the last quarter. Hirtle Callaghan & Co LLC purchased a new stake in shares of BlackRock Short Maturity Municipal Bond ETF in the 4th quarter valued at about $356,000. VERITY Wealth Advisors raised its stake in shares of BlackRock Short Maturity Municipal Bond ETF by 53.6% in the first quarter. VERITY Wealth Advisors now owns 15,421 shares of the company’s stock valued at $773,000 after purchasing an additional 5,383 shares in the last quarter. Finally, Arden Trust Co boosted its holdings in BlackRock Short Maturity Municipal Bond ETF by 5.2% in the first quarter. Arden Trust Co now owns 36,843 shares of the company’s stock valued at $1,847,000 after purchasing an additional 1,828 shares during the period.

About BlackRock Short Maturity Municipal Bond ETF

(Get a free report)

The iShares Short Maturity Municipal Bond ETF (MEAR) is an exchange-traded fund that invests largely 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 March 3, 2015 and is managed by BlackRock.

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