Raymond James Financial Inc. Takes $67.22 Million Position in iShares Short Duration Bond Active ETF (BATS:NEAR)

Raymond James Financial Inc. acquired a new stake in iShares Short Duration Bond Active ETF (BATS:NEAR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,331,095 shares of the company’s stock, valued at approximately $67,220,000. Raymond James Financial Inc. owned 2.25% of iShares Short Duration Bond Active ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Members Advisory Group LLC acquired a new stake in iShares Short Duration Bond Active ETF during the fourth quarter worth approximately $18,047,000. Union Bancaire Privee UBP SA acquired a new stake in iShares Short Duration Bond Active ETF during the fourth quarter worth approximately $16,479,000. LPL Financial LLC raised its holdings in iShares Short Duration Bond Active ETF by 6.6% during the third quarter. LPL Financial LLC now owns 2,050,644 shares of the company’s stock worth $105,075,000 after purchasing an additional 127,069 shares in the last quarter. Bank of Montreal Can raised its holdings in iShares Short Duration Bond Active ETF by 33.7% during the third quarter. Bank of Montreal Can now owns 485,560 shares of the company’s stock worth $24,904,000 after purchasing an additional 122,308 shares in the last quarter. Finally, Red Crane Wealth Management LLC acquired a new stake in iShares Short Duration Bond Active ETF during the fourth quarter worth approximately $5,619,000.

iShares Short Duration Bond Active ETF Price Performance

NEAR stock opened at $50.82 on Tuesday. iShares Short Duration Bond Active ETF has a twelve month low of $50.10 and a twelve month high of $50.30. The company’s 50 day moving average is $50.61 and its two-hundred day moving average is $50.75.

iShares Short Duration Bond Active ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a $0.1802 dividend. The ex-dividend date was Monday, March 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.