Beacon Financial Group Sells 1,677 Shares of iShares Short Duration Bond Active ETF (BATS:NEAR)

Beacon Financial Group trimmed its stake in iShares Short Duration Bond Active ETF (BATS:NEAR) by 9.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 16,141 shares of the company’s stock after selling 1,677 shares during the period. Beacon Financial Group’s holdings in iShares Short Duration Bond Active ETF were worth $815,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in NEAR. Financial Avengers Inc. bought a new position in iShares Short Duration Bond Active ETF in the third quarter worth $26,000. Aptus Capital Advisors LLC acquired a new position in shares of iShares Short Duration Bond Active ETF in the 3rd quarter valued at $30,000. Hoese & Co LLP bought a new position in shares of iShares Short Duration Bond Active ETF during the 4th quarter worth about $30,000. Bartlett & CO. Wealth Management LLC acquired a new stake in shares of iShares Short Duration Bond Active ETF during the 4th quarter valued at about $44,000. Finally, Capstone Triton Financial Group LLC bought a new stake in iShares Short Duration Bond Active ETF in the third quarter valued at about $203,000.

iShares Short Duration Bond Active ETF Price Performance

BATS:NEAR opened at $50.49 on Thursday. iShares Short Duration Bond Active ETF has a 12-month low of $50.10 and a 12-month high of $50.30. The firm has a 50-day moving average price of $50.56 and a 200 day moving average price of $50.77.

iShares Short Duration Bond Active ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.1953 dividend. 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.