iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) to Issue Dividend of $0.13

iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) announced a dividend on Friday, February 28th, NASDAQ Dividends reports. Stockholders of record on Monday, March 3rd will be given a dividend of 0.1301 per share on Thursday, March 6th. The ex-dividend date is Monday, March 3rd. This is an increase from iShares Short Maturity Municipal Bond Active ETF’s previous dividend of $0.13.

iShares Short Maturity Municipal Bond Active ETF Trading Up 0.7 %

Shares of BATS MEAR traded up $0.37 during trading hours on Friday, hitting $50.34. The stock had a trading volume of 111,832 shares. The firm’s 50-day moving average price is $50.09 and its two-hundred day moving average price is $50.17. iShares Short Maturity Municipal Bond Active ETF has a 52 week low of $49.62 and a 52 week high of $50.17.

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.