Stonebridge Financial Group LLC Invests $412,000 in iShares Short Duration Bond Active ETF (BATS:NEAR)

Stonebridge Financial Group LLC purchased a new stake in iShares Short Duration Bond Active ETF (BATS:NEAR) in the fourth quarter, Holdings Channel reports. The firm purchased 8,154 shares of the company’s stock, valued at approximately $412,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. LPL Financial LLC increased its stake in iShares Short Duration Bond Active ETF by 6.6% during the third quarter. LPL Financial LLC now owns 2,050,644 shares of the company’s stock valued at $105,075,000 after purchasing an additional 127,069 shares during the last quarter. Donaldson Capital Management LLC boosted its holdings in shares of iShares Short Duration Bond Active ETF by 7.0% in the 3rd quarter. Donaldson Capital Management LLC now owns 625,024 shares of the company’s stock valued at $32,026,000 after buying an additional 40,738 shares during the period. Bank of Montreal Can grew its position in shares of iShares Short Duration Bond Active ETF by 33.7% during the 3rd quarter. Bank of Montreal Can now owns 485,560 shares of the company’s stock valued at $24,904,000 after buying an additional 122,308 shares during the last quarter. Union Bancaire Privee UBP SA acquired a new stake in iShares Short Duration Bond Active ETF during the fourth quarter worth about $16,479,000. Finally, Kwmg LLC lifted its holdings in iShares Short Duration Bond Active ETF by 1.4% in the fourth quarter. Kwmg LLC now owns 272,955 shares of the company’s stock worth $13,784,000 after acquiring an additional 3,699 shares during the last quarter.

iShares Short Duration Bond Active ETF Stock Performance

Shares of NEAR stock opened at $50.55 on Wednesday. The business has a 50 day moving average of $50.57 and a two-hundred day moving average of $50.77. iShares Short Duration Bond Active ETF has a 52 week low of $50.10 and a 52 week high of $50.30.

iShares Short Duration Bond Active ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a dividend of $0.1953 per share. The ex-dividend date of this dividend was Monday, February 3rd.

iShares Short Duration Bond Active ETF Company Profile

The iShares Short Maturity Bond ETF (NEAR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund aims to maximize income and preserve capital using very short maturity, USD-denominated global fixed income securities in an actively-managed fund. NEAR was launched on Sep 25, 2013 and is managed by BlackRock.