Valley National Advisers Inc. Increases Position in iShares Short Duration Bond Active ETF $NEAR

Valley National Advisers Inc. grew its holdings in iShares Short Duration Bond Active ETF (BATS:NEAR) by 7.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 163,519 shares of the company’s stock after buying an additional 10,680 shares during the quarter. iShares Short Duration Bond Active ETF accounts for 1.3% of Valley National Advisers Inc.’s investment portfolio, making the stock its 13th largest position. Valley National Advisers Inc. owned about 0.25% of iShares Short Duration Bond Active ETF worth $8,384,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in NEAR. Bank of America Corp DE lifted its stake in iShares Short Duration Bond Active ETF by 8.8% in the 2nd quarter. Bank of America Corp DE now owns 3,503,322 shares of the company’s stock valued at $179,020,000 after buying an additional 284,084 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of iShares Short Duration Bond Active ETF by 22.3% in the second quarter. Ameriprise Financial Inc. now owns 918,189 shares of the company’s stock valued at $46,891,000 after acquiring an additional 167,210 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of iShares Short Duration Bond Active ETF by 30.9% in the second quarter. Cetera Investment Advisers now owns 737,364 shares of the company’s stock valued at $37,679,000 after acquiring an additional 174,240 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of iShares Short Duration Bond Active ETF by 32.0% in the first quarter. Royal Bank of Canada now owns 567,649 shares of the company’s stock worth $28,876,000 after acquiring an additional 137,456 shares during the last quarter. Finally, Americana Partners LLC increased its position in shares of iShares Short Duration Bond Active ETF by 3.5% during the second quarter. Americana Partners LLC now owns 390,609 shares of the company’s stock worth $19,960,000 after purchasing an additional 13,057 shares in the last quarter.

iShares Short Duration Bond Active ETF Trading Up 1.3%

Shares of BATS NEAR opened at $51.07 on Friday. The firm has a 50-day simple moving average of $51.19 and a 200-day simple moving average of $51.11. iShares Short Duration Bond Active ETF has a 52 week low of $50.25 and a 52 week high of $51.40.

iShares Short Duration Bond Active ETF Company 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.