NewEdge Advisors LLC Grows Position in iShares Short Duration Bond Active ETF (BATS:NEAR)

NewEdge Advisors LLC raised its stake in shares of iShares Short Duration Bond Active ETF (BATS:NEAR) by 20.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 160,665 shares of the company’s stock after acquiring an additional 26,834 shares during the period. NewEdge Advisors LLC owned about 0.27% of iShares Short Duration Bond Active ETF worth $8,114,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of NEAR. Townsquare Capital LLC lifted its position in shares of iShares Short Duration Bond Active ETF by 17.3% during the fourth quarter. Townsquare Capital LLC now owns 11,574 shares of the company’s stock valued at $584,000 after purchasing an additional 1,704 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in shares of iShares Short Duration Bond Active ETF by 4.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 55,426 shares of the company’s stock worth $2,799,000 after buying an additional 2,429 shares in the last quarter. Glass Jacobson Investment Advisors llc boosted its stake in shares of iShares Short Duration Bond Active ETF by 79.9% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 1,738 shares of the company’s stock worth $88,000 after buying an additional 772 shares during the last quarter. Bessemer Group Inc. bought a new position in shares of iShares Short Duration Bond Active ETF in the fourth quarter valued at approximately $89,000. Finally, Rollins Financial Advisors LLC increased its position in shares of iShares Short Duration Bond Active ETF by 9.8% during the fourth quarter. Rollins Financial Advisors LLC now owns 79,670 shares of the company’s stock valued at $4,023,000 after acquiring an additional 7,097 shares during the last quarter.

iShares Short Duration Bond Active ETF Price Performance

NEAR stock opened at $50.70 on Friday. The stock’s fifty day simple moving average is $50.70 and its two-hundred day simple moving average is $50.67. iShares Short Duration Bond Active ETF has a 1-year low of $49.88 and a 1-year high of $51.40.

iShares Short Duration Bond Active ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.1802 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

About iShares Short Duration Bond Active ETF

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.