Phillips Financial Management LLC Lowers Position in iShares Short Duration Bond Active ETF (BATS:NEAR)

Phillips Financial Management LLC trimmed its holdings in shares of iShares Short Duration Bond Active ETF (BATS:NEAR) by 6.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 6,770 shares of the company’s stock after selling 438 shares during the period. Phillips Financial Management LLC’s holdings in iShares Short Duration Bond Active ETF were worth $342,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in NEAR. Financial Avengers Inc. bought a new stake in iShares Short Duration Bond Active ETF in the 3rd quarter worth approximately $26,000. Aptus Capital Advisors LLC bought a new stake in iShares Short Duration Bond Active ETF in the 3rd quarter worth approximately $30,000. Hoese & Co LLP bought a new stake in iShares Short Duration Bond Active ETF in the 4th quarter worth approximately $30,000. Bartlett & CO. Wealth Management LLC bought a new stake in iShares Short Duration Bond Active ETF in the 4th quarter worth approximately $44,000. Finally, MidAtlantic Capital Management Inc. bought a new stake in shares of iShares Short Duration Bond Active ETF during the 4th quarter valued at $45,000.

iShares Short Duration Bond Active ETF Price Performance

Shares of NEAR stock opened at $50.73 on Thursday. iShares Short Duration Bond Active ETF has a 1 year low of $50.10 and a 1 year high of $50.30. The firm has a fifty day moving average price of $50.62 and a 200-day moving average price of $50.75.

iShares Short Duration Bond Active ETF Cuts Dividend

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

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.