iShares Short Duration Bond Active ETF (BATS:NEAR) Shares Sold by Bank of Montreal Can

Bank of Montreal Can cut its holdings in iShares Short Duration Bond Active ETF (BATS:NEAR) by 52.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 228,979 shares of the company’s stock after selling 256,581 shares during the period. Bank of Montreal Can’s holdings in iShares Short Duration Bond Active ETF were worth $11,563,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Clearwater Capital Advisors LLC lifted its holdings in iShares Short Duration Bond Active ETF by 5.9% in the fourth quarter. Clearwater Capital Advisors LLC now owns 2,551,764 shares of the company’s stock worth $128,864,000 after acquiring an additional 143,128 shares during the last quarter. LPL Financial LLC raised its position in shares of iShares Short Duration Bond Active ETF by 7.0% during the 4th quarter. LPL Financial LLC now owns 2,193,609 shares of the company’s stock worth $110,777,000 after purchasing an additional 142,965 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of iShares Short Duration Bond Active ETF by 21.4% in the 4th quarter. Wells Fargo & Company MN now owns 1,943,763 shares of the company’s stock worth $98,160,000 after purchasing an additional 342,089 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares Short Duration Bond Active ETF in the 4th quarter worth approximately $67,220,000. Finally, Envestnet Asset Management Inc. boosted its position in iShares Short Duration Bond Active ETF by 15.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 455,064 shares of the company’s stock valued at $22,981,000 after purchasing an additional 62,208 shares during the period.

iShares Short Duration Bond Active ETF Stock Up 0.1 %

Shares of BATS NEAR opened at $50.45 on Friday. iShares Short Duration Bond Active ETF has a 1-year low of $49.88 and a 1-year high of $51.40. The business’s fifty day moving average price is $50.69 and its two-hundred day moving average price is $50.69.

iShares Short Duration Bond Active ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1802 per share. The ex-dividend date 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.