Clearwater Capital Advisors LLC Acquires 143,128 Shares of iShares Short Duration Bond Active ETF (BATS:NEAR)

Clearwater Capital Advisors LLC grew its holdings in shares of iShares Short Duration Bond Active ETF (BATS:NEAR) by 5.9% in the fourth quarter, HoldingsChannel reports. The fund owned 2,551,764 shares of the company’s stock after buying an additional 143,128 shares during the period. iShares Short Duration Bond Active ETF makes up about 12.6% of Clearwater Capital Advisors LLC’s portfolio, making the stock its largest holding. Clearwater Capital Advisors LLC’s holdings in iShares Short Duration Bond Active ETF were worth $128,864,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of NEAR. Financial Avengers Inc. acquired a new position in shares of iShares Short Duration Bond Active ETF during the third quarter valued at approximately $26,000. Aptus Capital Advisors LLC acquired a new position in shares of iShares Short Duration Bond Active ETF during the 3rd quarter valued at $30,000. Hoese & Co LLP bought a new stake in shares of iShares Short Duration Bond Active ETF in the 4th quarter worth $30,000. Bartlett & CO. Wealth Management LLC bought a new position in iShares Short Duration Bond Active ETF during the fourth quarter valued at about $44,000. Finally, MidAtlantic Capital Management Inc. acquired a new position in iShares Short Duration Bond Active ETF during the fourth quarter worth about $45,000.

iShares Short Duration Bond Active ETF Price Performance

Shares of BATS NEAR opened at $50.72 on Monday. The firm has a 50-day moving average of $50.63 and a two-hundred day moving average of $50.75. iShares Short Duration Bond Active ETF has a twelve month low of $50.10 and a twelve month high of $50.30.

iShares Short Duration Bond Active ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.1802 per share. The ex-dividend date 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.