Red Crane Wealth Management LLC Acquires New Holdings in iShares Short Duration Bond Active ETF (BATS:NEAR)

Red Crane Wealth Management LLC bought a new position in shares of iShares Short Duration Bond Active ETF (BATS:NEAR) during the 4th quarter, Holdings Channel reports. The institutional investor bought 111,261 shares of the company’s stock, valued at approximately $5,619,000. iShares Short Duration Bond Active ETF makes up 5.3% of Red Crane Wealth Management LLC’s holdings, making the stock its 3rd largest position.

Other institutional investors have also recently bought and sold shares of the company. Financial Avengers Inc. bought a new position in shares of iShares Short Duration Bond Active ETF during the third quarter worth about $26,000. Aptus Capital Advisors LLC bought a new position in shares of iShares Short Duration Bond Active ETF during the 3rd quarter worth approximately $30,000. Hoese & Co LLP acquired a new stake in shares of iShares Short Duration Bond Active ETF in the fourth quarter valued at approximately $30,000. Bartlett & CO. Wealth Management LLC acquired a new position in iShares Short Duration Bond Active ETF during the fourth quarter worth $44,000. Finally, MidAtlantic Capital Management Inc. bought a new position in iShares Short Duration Bond Active ETF in the fourth quarter valued at $45,000.

iShares Short Duration Bond Active ETF Stock Performance

iShares Short Duration Bond Active ETF stock opened at $50.82 on Wednesday. The firm has a 50-day moving average of $50.54 and a 200-day moving average of $50.76. iShares Short Duration Bond Active ETF has a one year low of $50.10 and a one year high of $50.30.

iShares Short Duration Bond Active ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.1953 per share. The ex-dividend date was Monday, February 3rd.

iShares Short Duration Bond Active ETF 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.