White Pine Capital LLC Cuts Stake in BlackRock Short Duration Bond ETF (BATS:NEAR)

White Pine Capital LLC decreased its holdings in BlackRock Short Duration Bond ETF (BATS:NEAR) by 30.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 18,829 shares of the company’s stock after selling 8,357 shares during the period. White Pine Capital LLC’s holdings in BlackRock Short Duration Bond ETF were worth $951,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Financial Sense Advisors Inc. purchased a new stake in shares of BlackRock Short Duration Bond ETF in the 3rd quarter valued at $206,000. One Capital Management LLC boosted its stake in shares of BlackRock Short Duration Bond ETF by 22.1% in the 3rd quarter. One Capital Management LLC now owns 4,970 shares of the company’s stock valued at $248,000 after purchasing an additional 900 shares in the last quarter. NBC Securities Inc. purchased a new stake in shares of BlackRock Short Duration Bond ETF in the 3rd quarter valued at $347,000. Integrated Investment Consultants LLC purchased a new stake in shares of BlackRock Short Duration Bond ETF in the 4th quarter valued at $361,000. Finally, Bank of New York Mellon Corp boosted its stake in shares of BlackRock Short Duration Bond ETF by 36.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 13,367 shares of the company’s stock valued at $667,000 after purchasing an additional 3,557 shares in the last quarter.

BlackRock Short Duration Bond ETF Price Performance

Shares of BlackRock Short Duration Bond ETF stock traded up $0.02 during trading on Friday, reaching $50.06. The company’s stock had a trading volume of 148,882 shares. BlackRock Short Duration Bond ETF has a 52-week low of $50.10 and a 52-week high of $50.30. The firm’s 50-day moving average is $50.26 and its two-hundred day moving average is $50.25.

BlackRock Short Duration Bond ETF Increases Dividend

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

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.