Spinnaker Trust Raises Stock Position in iShares Short Duration Bond Active ETF (BATS:NEAR)

Spinnaker Trust increased its position in iShares Short Duration Bond Active ETF (BATS:NEAR) by 15.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,158 shares of the company’s stock after purchasing an additional 5,371 shares during the quarter. Spinnaker Trust’s holdings in iShares Short Duration Bond Active ETF were worth $2,058,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Capstone Triton Financial Group LLC purchased a new stake in iShares Short Duration Bond Active ETF during the third quarter worth $203,000. Rockwood Wealth Management LLC bought a new position in shares of iShares Short Duration Bond Active ETF in the 3rd quarter worth $255,000. Creative Planning purchased a new stake in shares of iShares Short Duration Bond Active ETF during the 3rd quarter worth $263,000. Marshall Financial Group LLC bought a new stake in iShares Short Duration Bond Active ETF during the third quarter valued at about $279,000. Finally, Luken Investment Analytics LLC grew its stake in iShares Short Duration Bond Active ETF by 30.6% in the third quarter. Luken Investment Analytics LLC now owns 8,459 shares of the company’s stock valued at $433,000 after purchasing an additional 1,984 shares during the last quarter.

iShares Short Duration Bond Active ETF Stock Performance

Shares of NEAR stock traded up $0.01 during mid-day trading on Wednesday, hitting $50.59. 295,229 shares of the stock traded hands. iShares Short Duration Bond Active ETF has a 52-week low of $50.10 and a 52-week high of $50.30. The stock’s fifty day moving average is $50.99 and its two-hundred day moving average is $50.60.

iShares Short Duration Bond Active ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.2099 per share. The ex-dividend date of this dividend was Tuesday, September 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.