Parallel Advisors LLC Buys 2,869 Shares of iShares Short Duration Bond Active ETF (BATS:NEAR)

Parallel Advisors LLC lifted its stake in shares of iShares Short Duration Bond Active ETF (BATS:NEAR) by 10.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 29,207 shares of the company’s stock after acquiring an additional 2,869 shares during the quarter. Parallel Advisors LLC’s holdings in iShares Short Duration Bond Active ETF were worth $1,475,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Brookstone Capital Management boosted its position in iShares Short Duration Bond Active ETF by 3.6% during the fourth quarter. Brookstone Capital Management now owns 61,306 shares of the company’s stock worth $3,096,000 after purchasing an additional 2,156 shares during the period. Atria Wealth Solutions Inc. boosted its holdings in shares of iShares Short Duration Bond Active ETF by 39.7% during the 4th quarter. Atria Wealth Solutions Inc. now owns 21,426 shares of the company’s stock worth $1,082,000 after buying an additional 6,090 shares during the period. Westside Investment Management Inc. grew its stake in iShares Short Duration Bond Active ETF by 5.0% in the 4th quarter. Westside Investment Management Inc. now owns 32,450 shares of the company’s stock valued at $1,639,000 after buying an additional 1,550 shares during the last quarter. Principal Securities Inc. raised its holdings in iShares Short Duration Bond Active ETF by 15.0% in the 4th quarter. Principal Securities Inc. now owns 2,271 shares of the company’s stock worth $115,000 after acquiring an additional 297 shares during the period. Finally, Kwmg LLC lifted its position in iShares Short Duration Bond Active ETF by 1.4% during the 4th quarter. Kwmg LLC now owns 272,955 shares of the company’s stock worth $13,784,000 after acquiring an additional 3,699 shares during the last quarter.

iShares Short Duration Bond Active ETF Stock Performance

NEAR stock opened at $50.72 on Wednesday. The company has a 50-day moving average of $50.64 and a two-hundred day moving average of $50.74. iShares Short Duration Bond Active ETF has a 52-week low of $49.88 and a 52-week high of $51.40.

iShares Short Duration Bond Active ETF Cuts Dividend

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