BlackRock Short Maturity Municipal Bond ETF (BATS:MEAR) Hits New 52-Week High at $50.21

BlackRock Short Maturity Municipal Bond ETF (BATS:MEAR) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $50.21 and last traded at $50.19, with a volume of 47677 shares traded. The stock had previously closed at $50.15.

BlackRock Short Maturity Municipal Bond ETF Stock Up 0.0 %

The firm’s fifty day simple moving average is $50.10 and its 200 day simple moving average is $50.06.

BlackRock Short Maturity Municipal Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were issued a dividend of $0.1434 per share. The ex-dividend date was Monday, July 1st.

Institutional Trading of BlackRock Short Maturity Municipal Bond ETF

Large investors have recently added to or reduced their stakes in the business. Integrated Investment Consultants LLC acquired a new position in shares of BlackRock Short Maturity Municipal Bond ETF in the 4th quarter valued at $4,319,000. Arden Trust Co raised its position in shares of BlackRock Short Maturity Municipal Bond ETF by 57.7% in the 2nd quarter. Arden Trust Co now owns 58,085 shares of the company’s stock valued at $2,913,000 after acquiring an additional 21,242 shares during the period. VERITY Wealth Advisors raised its holdings in BlackRock Short Maturity Municipal Bond ETF by 53.6% during the 1st quarter. VERITY Wealth Advisors now owns 15,421 shares of the company’s stock worth $773,000 after buying an additional 5,383 shares during the period. Janney Montgomery Scott LLC raised its holdings in BlackRock Short Maturity Municipal Bond ETF by 34.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 10,733 shares of the company’s stock worth $538,000 after buying an additional 2,743 shares during the period. Finally, Cross Staff Investments Inc bought a new position in shares of BlackRock Short Maturity Municipal Bond ETF during the 4th quarter worth approximately $400,000.

BlackRock Short Maturity Municipal Bond 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.