Alexander Randolph Advisory Inc. Boosts Stock Position in iShares Short Duration Bond Active ETF (BATS:NEAR)

Alexander Randolph Advisory Inc. increased its position in iShares Short Duration Bond Active ETF (BATS:NEAR) by 12.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 272,341 shares of the company’s stock after purchasing an additional 30,928 shares during the quarter. iShares Short Duration Bond Active ETF makes up about 12.4% of Alexander Randolph Advisory Inc.’s investment portfolio, making the stock its largest holding. Alexander Randolph Advisory Inc.’s holdings in iShares Short Duration Bond Active ETF were worth $13,955,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in NEAR. Aptus Capital Advisors LLC purchased a new stake in shares of iShares Short Duration Bond Active ETF during the third quarter valued at approximately $30,000. Capstone Triton Financial Group LLC bought a new position in shares of iShares Short Duration Bond Active ETF during the third quarter valued at $203,000. Rockwood Wealth Management LLC purchased a new stake in shares of iShares Short Duration Bond Active ETF during the third quarter valued at $255,000. Creative Planning purchased a new position in iShares Short Duration Bond Active ETF in the 3rd quarter worth about $263,000. Finally, Marshall Financial Group LLC purchased a new position in iShares Short Duration Bond Active ETF in the 3rd quarter worth about $279,000.

iShares Short Duration Bond Active ETF Stock Performance

Shares of BATS NEAR traded down $0.04 during trading on Wednesday, reaching $50.57. 315,214 shares of the company traded hands. The firm has a 50 day simple moving average of $50.95 and a 200-day simple moving average of $50.62. iShares Short Duration Bond Active ETF has a 52-week low of $50.10 and a 52-week high of $50.30.

iShares Short Duration Bond Active ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given 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.