Sugarloaf Wealth Management LLC Has $1.22 Million Stake in BlackRock Short Maturity Bond ETF (BATS:NEAR)

Sugarloaf Wealth Management LLC lifted its position in BlackRock Short Maturity Bond ETF (BATS:NEAR) by 49.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,563 shares of the company’s stock after purchasing an additional 8,074 shares during the quarter. Sugarloaf Wealth Management LLC’s holdings in BlackRock Short Maturity Bond ETF were worth $1,221,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of NEAR. Bank of New York Mellon Corp acquired a new position in BlackRock Short Maturity Bond ETF during the first quarter worth $351,000. Wealth Alliance raised its stake in BlackRock Short Maturity Bond ETF by 79.9% during the fourth quarter. Wealth Alliance now owns 9,001 shares of the company’s stock worth $443,000 after acquiring an additional 3,999 shares in the last quarter. Fortis Advisors LLC raised its stake in BlackRock Short Maturity Bond ETF by 106.4% during the fourth quarter. Fortis Advisors LLC now owns 13,597 shares of the company’s stock worth $670,000 after acquiring an additional 7,009 shares in the last quarter. Captrust Financial Advisors raised its stake in BlackRock Short Maturity Bond ETF by 1,367.3% during the second quarter. Captrust Financial Advisors now owns 14,600 shares of the company’s stock worth $719,000 after acquiring an additional 13,605 shares in the last quarter. Finally, NEIRG Wealth Management LLC raised its stake in BlackRock Short Maturity Bond ETF by 4.4% during the first quarter. NEIRG Wealth Management LLC now owns 17,255 shares of the company’s stock worth $856,000 after acquiring an additional 735 shares in the last quarter.

BlackRock Short Maturity Bond ETF Stock Performance

BlackRock Short Maturity Bond ETF stock traded up $0.01 during mid-day trading on Tuesday, hitting $49.80. 406,499 shares of the company were exchanged. The business has a fifty day moving average of $49.74 and a 200 day moving average of $49.64. BlackRock Short Maturity Bond ETF has a 1-year low of $50.10 and a 1-year high of $50.30.

BlackRock Short Maturity Bond ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, July 10th. Stockholders of record on Wednesday, July 5th were issued a dividend of $0.1844 per share. The ex-dividend date was Monday, July 3rd.

About BlackRock Short Maturity 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.