Financial Management Network Inc. Sells 8,134 Shares of iShares Short Duration Bond Active ETF (BATS:NEAR)

Financial Management Network Inc. lowered its stake in iShares Short Duration Bond Active ETF (BATS:NEAR) by 6.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 115,165 shares of the company’s stock after selling 8,134 shares during the quarter. iShares Short Duration Bond Active ETF comprises 1.2% of Financial Management Network Inc.’s portfolio, making the stock its 24th biggest holding. Financial Management Network Inc. owned 0.19% of iShares Short Duration Bond Active ETF worth $5,814,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in NEAR. Financial Avengers Inc. bought a new position in shares of iShares Short Duration Bond Active ETF in the third quarter worth about $26,000. Aptus Capital Advisors LLC bought a new position in shares of iShares Short Duration Bond Active ETF in the third quarter worth about $30,000. Hoese & Co LLP bought a new position in shares of iShares Short Duration Bond Active ETF in the fourth quarter worth about $30,000. Bartlett & CO. Wealth Management LLC bought a new position in shares of iShares Short Duration Bond Active ETF in the fourth quarter worth about $44,000. Finally, MidAtlantic Capital Management Inc. bought a new position in shares of iShares Short Duration Bond Active ETF in the fourth quarter worth about $45,000.

iShares Short Duration Bond Active ETF Stock Up 0.3 %

BATS NEAR opened at $50.59 on Wednesday. The stock’s 50-day moving average price is $50.55 and its 200-day moving average price is $50.76. 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 firm also recently announced 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.