Members Advisory Group LLC Invests $18.05 Million in iShares Short Duration Bond Active ETF (BATS:NEAR)

Members Advisory Group LLC purchased a new position in iShares Short Duration Bond Active ETF (BATS:NEAR) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 357,251 shares of the company’s stock, valued at approximately $18,047,000. iShares Short Duration Bond Active ETF accounts for 7.4% of Members Advisory Group LLC’s holdings, making the stock its 7th biggest position. Members Advisory Group LLC owned approximately 0.60% of iShares Short Duration Bond Active ETF at the end of the most recent quarter.

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

iShares Short Duration Bond Active ETF Stock Performance

NEAR opened at $50.71 on Friday. The stock’s fifty day moving average is $50.54 and its two-hundred day moving average is $50.76. iShares Short Duration Bond Active ETF has a 52 week low of $50.10 and a 52 week high of $50.30.

iShares Short Duration Bond Active ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.1953 per share. The ex-dividend date of this dividend was Monday, February 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.