Foundry Financial Group Inc. Purchases New Holdings in iShares Short Duration Bond Active ETF $NEAR

Foundry Financial Group Inc. purchased a new stake in iShares Short Duration Bond Active ETF (BATS:NEAR) in the third quarter, HoldingsChannel.com reports. The institutional investor purchased 20,849 shares of the company’s stock, valued at approximately $1,040,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Clearwater Capital Advisors LLC increased its position in shares of iShares Short Duration Bond Active ETF by 6.6% during the 1st quarter. Clearwater Capital Advisors LLC now owns 3,117,801 shares of the company’s stock worth $158,493,000 after purchasing an additional 192,930 shares during the last quarter. Bank of America Corp DE raised its stake in shares of iShares Short Duration Bond Active ETF by 4.0% during the 1st quarter. Bank of America Corp DE now owns 3,059,416 shares of the company’s stock worth $155,525,000 after purchasing an additional 117,301 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of iShares Short Duration Bond Active ETF by 11.1% in the 1st quarter. Cetera Investment Advisers now owns 1,413,521 shares of the company’s stock valued at $71,856,000 after buying an additional 141,623 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of iShares Short Duration Bond Active ETF by 94.9% in the 1st quarter. NewEdge Advisors LLC now owns 914,401 shares of the company’s stock valued at $46,484,000 after buying an additional 445,163 shares during the last quarter. Finally, Royal Bank of Canada boosted its holdings in shares of iShares Short Duration Bond Active ETF by 26.9% in the 1st quarter. Royal Bank of Canada now owns 723,098 shares of the company’s stock valued at $36,759,000 after buying an additional 153,429 shares during the last quarter.

iShares Short Duration Bond Active ETF Price Performance

BATS:NEAR opened at $50.09 on Friday. iShares Short Duration Bond Active ETF has a 1-year low of $49.68 and a 1-year high of $51.37. The firm has a fifty day simple moving average of $50.11 and a 200 day simple moving average of $50.61.

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.