Cambridge Investment Research Advisors Inc. Acquires 3,092 Shares of iShares Short Maturity Municipal Bond ETF (BATS:MEAR)

Cambridge Investment Research Advisors Inc. raised its position in iShares Short Maturity Municipal Bond ETF (BATS:MEAR) by 21.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,263 shares of the company’s stock after purchasing an additional 3,092 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in iShares Short Maturity Municipal Bond ETF were worth $864,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in MEAR. Windsor Capital Management LLC increased its position in shares of iShares Short Maturity Municipal Bond ETF by 11.4% during the first quarter. Windsor Capital Management LLC now owns 6,027 shares of the company’s stock worth $301,000 after acquiring an additional 616 shares during the period. Patriot Financial Group Insurance Agency LLC boosted its stake in shares of iShares Short Maturity Municipal Bond ETF by 32.3% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 2,645 shares of the company’s stock worth $132,000 after buying an additional 645 shares during the period. First Allied Advisory Services Inc. boosted its stake in shares of iShares Short Maturity Municipal Bond ETF by 8.0% during the fourth quarter. First Allied Advisory Services Inc. now owns 15,712 shares of the company’s stock worth $784,000 after buying an additional 1,158 shares during the period. C J Advisory Inc purchased a new position in iShares Short Maturity Municipal Bond ETF during the first quarter worth about $65,000. Finally, Cetera Advisors LLC purchased a new position in iShares Short Maturity Municipal Bond ETF during the first quarter worth about $70,000.

Shares of MEAR traded down $0.08 during mid-day trading on Monday, reaching $50.07. 85,896 shares of the company’s stock were exchanged. iShares Short Maturity Municipal Bond ETF has a 52-week low of $49.62 and a 52-week high of $50.17. The stock’s 50-day simple moving average is $50.09.

The company also recently declared a monthly dividend, which was paid on Friday, June 7th. Investors of record on Tuesday, June 4th were paid a dividend of $0.0738 per share. This is an increase from iShares Short Maturity Municipal Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $0.89 annualized dividend and a yield of 1.77%.

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Institutional Ownership by Quarter for iShares Short Maturity Municipal Bond ETF (BATS:MEAR)

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