Shum Financial Group Inc. Acquires New Stake in iShares Short Duration Bond Active ETF (BATS:NEAR)

Shum Financial Group Inc. bought a new position in shares of iShares Short Duration Bond Active ETF (BATS:NEAR) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 11,472 shares of the company’s stock, valued at approximately $580,000.

Other large investors have also recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC bought a new stake in iShares Short Duration Bond Active ETF during the third quarter worth approximately $30,000. Capstone Triton Financial Group LLC acquired a new position in iShares Short Duration Bond Active ETF in the 3rd quarter worth approximately $203,000. Private Trust Co. NA boosted its stake in iShares Short Duration Bond Active ETF by 9.3% in the 3rd quarter. Private Trust Co. NA now owns 4,879 shares of the company’s stock worth $250,000 after purchasing an additional 417 shares during the period. Rockwood Wealth Management LLC purchased a new stake in iShares Short Duration Bond Active ETF in the 3rd quarter worth approximately $255,000. Finally, Creative Planning purchased a new stake in iShares Short Duration Bond Active ETF in the 3rd quarter worth approximately $263,000.

iShares Short Duration Bond Active ETF Stock Up 0.2 %

NEAR stock traded up $0.10 during midday trading on Tuesday, reaching $50.73. The company had a trading volume of 173,397 shares. The company has a 50 day moving average of $50.86 and a two-hundred day moving average of $50.65. iShares Short Duration Bond Active ETF has a 1 year low of $50.10 and a 1 year high of $50.30.

iShares Short Duration Bond Active ETF Cuts Dividend

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