Financial Management Network Inc. Sells 8,134 Shares of iShares Short Duration Bond Active ETF (BATS:NEAR)

Financial Management Network Inc. lessened its holdings in shares of iShares Short Duration Bond Active ETF (BATS:NEAR) by 6.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 115,165 shares of the company’s stock after selling 8,134 shares during the quarter. iShares Short Duration Bond Active ETF comprises 1.2% of Financial Management Network Inc.’s portfolio, making the stock its 24th biggest holding. Financial Management Network Inc.’s holdings in iShares Short Duration Bond Active ETF were worth $5,814,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Joel Adams & Associates Inc. bought a new stake in iShares Short Duration Bond Active ETF during the 4th quarter valued at approximately $816,000. Atria Wealth Solutions Inc. grew its holdings in iShares Short Duration Bond Active ETF by 39.7% during the 4th quarter. Atria Wealth Solutions Inc. now owns 21,426 shares of the company’s stock valued at $1,082,000 after buying an additional 6,090 shares in the last quarter. Ifrah Financial Services Inc. grew its holdings in iShares Short Duration Bond Active ETF by 2.3% during the 4th quarter. Ifrah Financial Services Inc. now owns 188,211 shares of the company’s stock valued at $9,505,000 after buying an additional 4,296 shares in the last quarter. Sanctuary Advisors LLC grew its holdings in iShares Short Duration Bond Active ETF by 6.2% during the 4th quarter. Sanctuary Advisors LLC now owns 100,189 shares of the company’s stock valued at $5,084,000 after buying an additional 5,825 shares in the last quarter. Finally, WBH Advisory Inc. grew its holdings in iShares Short Duration Bond Active ETF by 28.2% during the 4th quarter. WBH Advisory Inc. now owns 138,673 shares of the company’s stock valued at $7,003,000 after buying an additional 30,512 shares in the last quarter.

iShares Short Duration Bond Active ETF Stock Performance

BATS NEAR opened at $50.59 on Wednesday. The business has a 50 day simple moving average of $50.55 and a two-hundred day simple moving average of $50.76. 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 declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.1953 per share. The ex-dividend date was Monday, February 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.