iShares Short Duration Bond Active ETF $NEAR Shares Newly Purchased by Valley National Advisers Inc.

Valley National Advisers Inc. acquired a new stake in iShares Short Duration Bond Active ETF (BATS:NEAR) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 227,787 shares of the company’s stock, valued at approximately $11,357,000. iShares Short Duration Bond Active ETF accounts for 1.3% of Valley National Advisers Inc.’s investment portfolio, making the stock its 19th biggest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Clearwater Capital Advisors LLC boosted its holdings in iShares Short Duration Bond Active ETF by 6.6% during the first quarter. Clearwater Capital Advisors LLC now owns 3,117,801 shares of the company’s stock worth $158,493,000 after buying an additional 192,930 shares in the last quarter. Bank of America Corp DE grew its position in iShares Short Duration Bond Active ETF by 4.0% during the first quarter. Bank of America Corp DE now owns 3,059,416 shares of the company’s stock worth $155,525,000 after buying an additional 117,301 shares during the period. Cetera Investment Advisers increased its holdings in iShares Short Duration Bond Active ETF by 11.1% in the first 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 in the last quarter. NewEdge Advisors LLC increased its holdings in iShares Short Duration Bond Active ETF by 94.9% in the first 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 in the last quarter. Finally, Royal Bank of Canada increased its holdings in iShares Short Duration Bond Active ETF by 26.9% in the first 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 in the last quarter.

iShares Short Duration Bond Active ETF Stock Performance

NEAR stock opened at $50.02 on Friday. The firm has a 50 day moving average of $50.14 and a 200-day moving average of $50.46. iShares Short Duration Bond Active ETF has a 12-month low of $49.68 and a 12-month high of $51.37.

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.