PNC Financial Services Group Inc. Raises Holdings in iShares Short Duration Bond Active ETF (BATS:NEAR)

PNC Financial Services Group Inc. increased its position in iShares Short Duration Bond Active ETF (BATS:NEAR) by 11.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 16,415 shares of the company’s stock after acquiring an additional 1,733 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares Short Duration Bond Active ETF were worth $829,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Aptus Capital Advisors LLC bought a new stake in iShares Short Duration Bond Active ETF during the 3rd quarter valued at $30,000. Thrivent Financial for Lutherans lifted its holdings in iShares Short Duration Bond Active ETF by 23.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 85,352 shares of the company’s stock worth $4,373,000 after purchasing an additional 15,971 shares in the last quarter. Prospera Financial Services Inc boosted its stake in iShares Short Duration Bond Active ETF by 31.8% in the 3rd quarter. Prospera Financial Services Inc now owns 14,332 shares of the company’s stock worth $734,000 after purchasing an additional 3,454 shares during the period. Guardian Wealth Advisors LLC grew its holdings in iShares Short Duration Bond Active ETF by 1.7% during the 3rd quarter. Guardian Wealth Advisors LLC now owns 60,458 shares of the company’s stock valued at $3,098,000 after buying an additional 1,010 shares in the last quarter. Finally, Spectrum Planning & Advisory Services Inc. increased its position in shares of iShares Short Duration Bond Active ETF by 26.9% during the third quarter. Spectrum Planning & Advisory Services Inc. now owns 8,663 shares of the company’s stock valued at $444,000 after buying an additional 1,834 shares during the period.

iShares Short Duration Bond Active ETF Price Performance

Shares of iShares Short Duration Bond Active ETF stock opened at $50.71 on Tuesday. The company’s 50-day moving average price is $50.64 and its 200-day moving average price is $50.74. iShares Short Duration Bond Active ETF has a 12-month low of $49.88 and a 12-month high of $51.40.

iShares Short Duration Bond Active ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.1802 dividend. The ex-dividend date of this dividend was Monday, March 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.