Montecito Bank & Trust Sells 11,361 Shares of iShares Short Duration Bond Active ETF (BATS:NEAR)

Montecito Bank & Trust reduced its stake in iShares Short Duration Bond Active ETF (BATS:NEAR) by 8.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 117,193 shares of the company’s stock after selling 11,361 shares during the period. iShares Short Duration Bond Active ETF makes up 1.0% of Montecito Bank & Trust’s portfolio, making the stock its 23rd largest holding. Montecito Bank & Trust’s holdings in iShares Short Duration Bond Active ETF were worth $6,005,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Donaldson Capital Management LLC raised its stake in iShares Short Duration Bond Active ETF by 7.0% during the third quarter. Donaldson Capital Management LLC now owns 625,024 shares of the company’s stock valued at $32,026,000 after purchasing an additional 40,738 shares in the last quarter. InterOcean Capital Group LLC boosted its stake in shares of iShares Short Duration Bond Active ETF by 4.3% during the 1st quarter. InterOcean Capital Group LLC now owns 254,965 shares of the company’s stock worth $12,866,000 after purchasing an additional 10,578 shares during the period. Klaas Financial Asset Advisors LLC raised its position in iShares Short Duration Bond Active ETF by 2.0% in the 3rd quarter. Klaas Financial Asset Advisors LLC now owns 172,889 shares of the company’s stock worth $8,859,000 after purchasing an additional 3,367 shares during the period. FinTrust Capital Advisors LLC lifted its stake in iShares Short Duration Bond Active ETF by 1.5% in the third quarter. FinTrust Capital Advisors LLC now owns 162,471 shares of the company’s stock worth $8,325,000 after purchasing an additional 2,374 shares during the last quarter. Finally, Forbes Financial Planning Inc. boosted its position in shares of iShares Short Duration Bond Active ETF by 9.7% during the third quarter. Forbes Financial Planning Inc. now owns 150,829 shares of the company’s stock valued at $7,728,000 after buying an additional 13,305 shares during the period.

iShares Short Duration Bond Active ETF Trading Down 0.1 %

Shares of BATS NEAR opened at $50.55 on Thursday. The business’s 50 day moving average price is $50.98 and its 200-day moving average price is $50.60. iShares Short Duration Bond Active ETF has a fifty-two week low of $50.10 and a fifty-two week high of $50.30.

iShares Short Duration Bond Active ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued 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.