Physician Wealth Solutions Inc. Raises Stock Holdings in iShares Short Duration Bond Active ETF (BATS:NEAR)

Physician Wealth Solutions Inc. boosted its stake in iShares Short Duration Bond Active ETF (BATS:NEAR) by 57.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,889 shares of the company’s stock after purchasing an additional 2,883 shares during the quarter. Physician Wealth Solutions Inc.’s holdings in iShares Short Duration Bond Active ETF were worth $401,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of NEAR. Capstone Triton Financial Group LLC bought a new position in shares of iShares Short Duration Bond Active ETF in the 3rd quarter worth $203,000. Rockwood Wealth Management LLC purchased a new position in iShares Short Duration Bond Active ETF in the third quarter worth $255,000. Creative Planning bought a new position in iShares Short Duration Bond Active ETF in the third quarter valued at $263,000. Marshall Financial Group LLC bought a new position in iShares Short Duration Bond Active ETF in the third quarter valued at $279,000. Finally, Luken Investment Analytics LLC raised its position in iShares Short Duration Bond Active ETF by 30.6% during 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 in the last quarter.

iShares Short Duration Bond Active ETF Price Performance

Shares of NEAR traded up $0.11 during midday trading on Friday, reaching $50.66. The stock had a trading volume of 846,336 shares. The company’s 50-day moving average is $50.98 and its 200 day moving average is $50.60. iShares Short Duration Bond Active ETF has a 12-month low of $50.10 and a 12-month high of $50.30.

iShares Short Duration Bond Active ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.2099 dividend. The ex-dividend date was Tuesday, September 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.