NewEdge Advisors LLC boosted its stake in iShares Short Duration Bond Active ETF (BATS:NEAR – Free Report) by 94.9% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 914,401 shares of the company’s stock after purchasing an additional 445,163 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Short Duration Bond Active ETF were worth $46,484,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of NEAR. Kelleher Financial Advisors bought a new position in iShares Short Duration Bond Active ETF in the 3rd quarter valued at about $26,000. Godfrey Financial Associates Inc. acquired a new position in shares of iShares Short Duration Bond Active ETF in the 4th quarter valued at approximately $35,000. MidAtlantic Capital Management Inc. bought a new stake in shares of iShares Short Duration Bond Active ETF during the 4th quarter worth approximately $46,000. Tower Research Capital LLC TRC bought a new stake in shares of iShares Short Duration Bond Active ETF during the 2nd quarter worth approximately $76,000. Finally, Maseco LLP acquired a new stake in shares of iShares Short Duration Bond Active ETF during the 4th quarter worth approximately $88,000.
iShares Short Duration Bond Active ETF Price Performance
Shares of BATS:NEAR opened at $50.44 on Friday. The company’s 50 day simple moving average is $50.54 and its 200 day simple moving average is $50.79. iShares Short Duration Bond Active ETF has a 1 year low of $50.32 and a 1 year high of $51.37.
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.
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