Montecito Bank & Trust Reduces Holdings in iShares Short Duration Bond Active ETF (BATS:NEAR)

Montecito Bank & Trust lowered its position in shares of iShares Short Duration Bond Active ETF (BATS:NEAR) by 1.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 115,387 shares of the company’s stock after selling 1,806 shares during the period. iShares Short Duration Bond Active ETF comprises about 1.0% of Montecito Bank & Trust’s holdings, making the stock its 23rd largest position. Montecito Bank & Trust owned 0.19% of iShares Short Duration Bond Active ETF worth $5,827,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in NEAR. LPL Financial LLC grew its position in shares of 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 worth $105,075,000 after acquiring an additional 127,069 shares during the last quarter. Donaldson Capital Management LLC grew its position in iShares Short Duration Bond Active ETF by 7.0% during the 3rd quarter. Donaldson Capital Management LLC now owns 625,024 shares of the company’s stock worth $32,026,000 after purchasing an additional 40,738 shares during the last quarter. Bank of Montreal Can increased its stake in iShares Short Duration Bond Active ETF by 33.7% in the third quarter. Bank of Montreal Can now owns 485,560 shares of the company’s stock valued at $24,904,000 after purchasing an additional 122,308 shares during the period. Kwmg LLC raised its holdings in shares of 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 valued at $13,784,000 after buying an additional 3,699 shares during the last quarter. Finally, Alexander Randolph Advisory Inc. boosted its stake in shares of iShares Short Duration Bond Active ETF by 12.8% during the third quarter. Alexander Randolph Advisory Inc. now owns 272,341 shares of the company’s stock worth $13,955,000 after buying an additional 30,928 shares during the period.

iShares Short Duration Bond Active ETF Stock Up 0.4 %

NEAR opened at $50.61 on Friday. iShares Short Duration Bond Active ETF has a 52 week low of $50.10 and a 52 week high of $50.30. The business has a 50 day moving average price of $50.58 and a two-hundred day moving average price of $50.75.

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.