Peapack Gladstone Financial Corp Increases Holdings in iShares Short Duration Bond Active ETF $NEAR

Peapack Gladstone Financial Corp boosted its holdings in shares of iShares Short Duration Bond Active ETF (BATS:NEAR) by 20.2% during the fourth quarter, Holdings Channel reports. The firm owned 287,335 shares of the company’s stock after acquiring an additional 48,277 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in iShares Short Duration Bond Active ETF were worth $14,683,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. increased its holdings in iShares Short Duration Bond Active ETF by 2,461.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,833,023 shares of the company’s stock valued at $195,867,000 after purchasing an additional 3,683,358 shares during the period. Bank of America Corp DE increased its holdings in iShares Short Duration Bond Active ETF by 0.6% during the 3rd quarter. Bank of America Corp DE now owns 3,523,153 shares of the company’s stock valued at $180,667,000 after purchasing an additional 19,831 shares during the period. Clearwater Capital Advisors LLC increased its holdings in iShares Short Duration Bond Active ETF by 4.3% during the 4th quarter. Clearwater Capital Advisors LLC now owns 2,924,871 shares of the company’s stock valued at $149,461,000 after purchasing an additional 120,936 shares during the period. UBS Group AG increased its holdings in iShares Short Duration Bond Active ETF by 19.6% during the 4th quarter. UBS Group AG now owns 1,613,264 shares of the company’s stock valued at $82,438,000 after purchasing an additional 264,887 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in iShares Short Duration Bond Active ETF by 9.0% during the 3rd quarter. Raymond James Financial Inc. now owns 1,064,764 shares of the company’s stock valued at $54,601,000 after purchasing an additional 87,689 shares during the period.

iShares Short Duration Bond Active ETF Stock Performance

Shares of BATS:NEAR opened at $50.59 on Tuesday. iShares Short Duration Bond Active ETF has a 1 year low of $50.53 and a 1 year high of $51.37. The stock’s 50-day moving average is $50.75 and its 200 day moving average is $51.00.

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.