Cassady Schiller Wealth Management LLC Cuts Stake in iShares Short Duration Bond Active ETF (BATS:NEAR)

Cassady Schiller Wealth Management LLC lessened its holdings in shares of iShares Short Duration Bond Active ETF (BATS:NEAR) by 16.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 80,272 shares of the company’s stock after selling 16,029 shares during the period. iShares Short Duration Bond Active ETF makes up about 1.5% of Cassady Schiller Wealth Management LLC’s portfolio, making the stock its 15th biggest holding. Cassady Schiller Wealth Management LLC owned about 0.14% of iShares Short Duration Bond Active ETF worth $4,113,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Alexander Randolph Advisory Inc. raised its position in shares of iShares Short Duration Bond Active ETF by 12.8% in the 3rd quarter. Alexander Randolph Advisory Inc. now owns 272,341 shares of the company’s stock valued at $13,955,000 after purchasing an additional 30,928 shares during the last quarter. Aptus Capital Advisors LLC purchased a new position in shares of iShares Short Duration Bond Active ETF in the third quarter worth $30,000. First Heartland Consultants Inc. raised its holdings in shares of iShares Short Duration Bond Active ETF by 15.5% in the third quarter. First Heartland Consultants Inc. now owns 27,588 shares of the company’s stock worth $1,414,000 after buying an additional 3,700 shares during the last quarter. WealthPlan Investment Management LLC acquired a new stake in shares of iShares Short Duration Bond Active ETF during the third quarter worth $1,695,000. Finally, Catalytic Wealth RIA LLC grew its holdings in shares of iShares Short Duration Bond Active ETF by 13.8% during the third quarter. Catalytic Wealth RIA LLC now owns 59,214 shares of the company’s stock valued at $3,034,000 after buying an additional 7,194 shares during the last quarter.

iShares Short Duration Bond Active ETF Stock Performance

Shares of NEAR stock opened at $50.57 on Friday. The business has a fifty day moving average of $50.92 and a 200 day moving average of $50.62. 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 company also recently announced 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.

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.