Shah Wealth Advisors LLC Acquires New Shares in iShares Short Duration Bond Active ETF $NEAR

Shah Wealth Advisors LLC acquired a new position in shares of iShares Short Duration Bond Active ETF (BATS:NEAR) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 18,091 shares of the company’s stock, valued at approximately $917,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NEAR. Northwestern Mutual Wealth Management Co. grew its holdings in iShares Short Duration Bond Active ETF by 2,461.1% in the fourth 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 last quarter. Axxcess Wealth Management LLC raised its stake in shares of iShares Short Duration Bond Active ETF by 269.2% during the 4th quarter. Axxcess Wealth Management LLC now owns 715,788 shares of the company’s stock worth $36,577,000 after buying an additional 521,925 shares during the last quarter. NewEdge Advisors LLC boosted its position 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 worth $46,484,000 after buying an additional 445,163 shares in the last quarter. Corient Private Wealth LLC purchased a new stake in shares of iShares Short Duration Bond Active ETF in the 2nd quarter worth about $15,660,000. Finally, Bank of America Corp DE boosted its position in shares of 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 worth $179,020,000 after buying an additional 284,084 shares in the last quarter.

iShares Short Duration Bond Active ETF Price Performance

Shares of BATS NEAR opened at $50.33 on Friday. The company’s 50-day moving average price is $50.50 and its 200 day moving average price is $50.69. iShares Short Duration Bond Active ETF has a 52 week low of $50.25 and a 52 week high of $51.37.

About iShares Short Duration Bond Active 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.