Royal Bank of Canada Acquires 153,429 Shares of iShares Short Duration Bond Active ETF $NEAR

Royal Bank of Canada increased its holdings in iShares Short Duration Bond Active ETF (BATS:NEAR) by 26.9% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 723,098 shares of the company’s stock after acquiring an additional 153,429 shares during the quarter. Royal Bank of Canada’s holdings in iShares Short Duration Bond Active ETF were worth $36,759,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Investment Advisory Group LLC increased its holdings in iShares Short Duration Bond Active ETF by 1.1% during the fourth quarter. Investment Advisory Group LLC now owns 18,053 shares of the company’s stock valued at $923,000 after buying an additional 200 shares during the last quarter. Fortis Advisors LLC boosted its stake in shares of iShares Short Duration Bond Active ETF by 1.6% during the 4th quarter. Fortis Advisors LLC now owns 14,489 shares of the company’s stock worth $740,000 after acquiring an additional 226 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of iShares Short Duration Bond Active ETF by 11.2% during the 4th quarter. Geneos Wealth Management Inc. now owns 2,293 shares of the company’s stock worth $117,000 after acquiring an additional 231 shares during the last quarter. Lane Brothers & Co. Inc. boosted its stake in shares of iShares Short Duration Bond Active ETF by 1.5% during the 1st quarter. Lane Brothers & Co. Inc. now owns 17,676 shares of the company’s stock worth $899,000 after acquiring an additional 260 shares during the last quarter. Finally, AdvisorNet Financial Inc grew its position in shares of iShares Short Duration Bond Active ETF by 10.5% during the 1st quarter. AdvisorNet Financial Inc now owns 3,238 shares of the company’s stock valued at $165,000 after acquiring an additional 308 shares during the period.

iShares Short Duration Bond Active ETF Stock Performance

BATS:NEAR opened at $50.39 on Tuesday. iShares Short Duration Bond Active ETF has a one year low of $50.32 and a one year high of $51.37. The business has a fifty day moving average price of $50.56 and a 200-day moving average price of $50.80.

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.