Spinnaker Trust Sells 7,170 Shares of BlackRock Short Duration Bond ETF (BATS:NEAR)

Spinnaker Trust lessened its stake in BlackRock Short Duration Bond ETF (BATS:NEAR) by 19.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 29,830 shares of the company’s stock after selling 7,170 shares during the period. Spinnaker Trust’s holdings in BlackRock Short Duration Bond ETF were worth $1,507,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in NEAR. Integrated Investment Consultants LLC acquired a new position in shares of BlackRock Short Duration Bond ETF in the 4th quarter valued at about $361,000. First Citizens Financial Corp lifted its stake in shares of BlackRock Short Duration Bond ETF by 8.5% in the 4th quarter. First Citizens Financial Corp now owns 21,914 shares of the company’s stock valued at $1,107,000 after purchasing an additional 1,725 shares during the period. Industrial Alliance Investment Management Inc. lifted its stake in shares of BlackRock Short Duration Bond ETF by 130.0% in the 3rd quarter. Industrial Alliance Investment Management Inc. now owns 18,349 shares of the company’s stock valued at $915,000 after purchasing an additional 10,371 shares during the period. Cary Street Partners Investment Advisory LLC lifted its stake in shares of BlackRock Short Duration Bond ETF by 4.6% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 28,022 shares of the company’s stock valued at $1,398,000 after purchasing an additional 1,243 shares during the period. Finally, Rollins Financial lifted its stake in shares of BlackRock Short Duration Bond ETF by 61.8% in the 3rd quarter. Rollins Financial now owns 75,820 shares of the company’s stock valued at $3,783,000 after purchasing an additional 28,965 shares during the period.

BlackRock Short Duration Bond ETF Stock Up 0.0 %

NEAR stock traded up $0.02 during trading on Friday, reaching $50.06. 148,882 shares of the stock were exchanged. The firm’s 50 day moving average is $50.26 and its 200 day moving average is $50.25. BlackRock Short Duration Bond ETF has a twelve month low of $50.10 and a twelve month high of $50.30.

BlackRock Short Duration Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.1987 per share. This is an increase from BlackRock Short Duration Bond ETF’s previous dividend of $0.20. The ex-dividend date was Monday, April 1st.

About BlackRock Short Duration Bond 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.