LPL Financial LLC Grows Stake in iShares Short Duration Bond Active ETF (BATS:NEAR)

LPL Financial LLC grew its holdings in shares of iShares Short Duration Bond Active ETF (BATS:NEAR) by 7.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 2,193,609 shares of the company’s stock after purchasing an additional 142,965 shares during the quarter. LPL Financial LLC’s holdings in iShares Short Duration Bond Active ETF were worth $110,777,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Hancock Whitney Corp purchased a new position in shares of iShares Short Duration Bond Active ETF in the 3rd quarter valued at approximately $1,037,000. Private Trust Co. NA increased its position in shares of iShares Short Duration Bond Active ETF by 9.3% in the 3rd quarter. Private Trust Co. NA now owns 4,879 shares of the company’s stock valued at $250,000 after acquiring an additional 417 shares during the period. Bank of Montreal Can raised its stake in iShares Short Duration Bond Active ETF by 33.7% in the 3rd quarter. Bank of Montreal Can now owns 485,560 shares of the company’s stock worth $24,904,000 after acquiring an additional 122,308 shares during the last quarter. D.A. Davidson & CO. lifted its position in iShares Short Duration Bond Active ETF by 2.7% during the 3rd quarter. D.A. Davidson & CO. now owns 10,760 shares of the company’s stock worth $551,000 after acquiring an additional 280 shares during the period. Finally, Shum Financial Group Inc. purchased a new stake in iShares Short Duration Bond Active ETF during the 3rd quarter valued at about $580,000.

iShares Short Duration Bond Active ETF Stock Performance

Shares of BATS:NEAR opened at $50.80 on Wednesday. The business has a 50-day moving average price of $50.67 and a 200-day moving average price of $50.74. iShares Short Duration Bond Active ETF has a 52-week low of $49.88 and a 52-week high of $51.40.

iShares Short Duration Bond Active ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.1802 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

iShares Short Duration Bond Active ETF 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.