Kovack Advisors Inc. Has $3.37 Million Stake in iShares Short Duration Bond Active ETF $NEAR

Kovack Advisors Inc. grew its holdings in shares of iShares Short Duration Bond Active ETF (BATS:NEAR) by 1,097.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 65,985 shares of the company’s stock after acquiring an additional 60,475 shares during the quarter. Kovack Advisors Inc. owned 0.10% of iShares Short Duration Bond Active ETF worth $3,372,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Wescott Financial Advisory Group LLC raised its stake in iShares Short Duration Bond Active ETF by 10.8% during the fourth quarter. Wescott Financial Advisory Group LLC now owns 60,718 shares of the company’s stock worth $3,103,000 after acquiring an additional 5,933 shares in the last quarter. Capital Analysts LLC raised its stake in iShares Short Duration Bond Active ETF by 2.4% during the fourth quarter. Capital Analysts LLC now owns 13,129 shares of the company’s stock worth $671,000 after acquiring an additional 311 shares in the last quarter. Cerity Partners LLC raised its stake in iShares Short Duration Bond Active ETF by 6.1% during the fourth quarter. Cerity Partners LLC now owns 10,610 shares of the company’s stock worth $542,000 after acquiring an additional 610 shares in the last quarter. J.W. Cole Advisors Inc. raised its stake in iShares Short Duration Bond Active ETF by 229.9% during the fourth quarter. J.W. Cole Advisors Inc. now owns 47,115 shares of the company’s stock worth $2,368,000 after acquiring an additional 32,832 shares in the last quarter. Finally, Vise Technologies Inc. raised its stake in iShares Short Duration Bond Active ETF by 53.7% during the fourth quarter. Vise Technologies Inc. now owns 29,362 shares of the company’s stock worth $1,500,000 after acquiring an additional 10,258 shares in the last quarter.

iShares Short Duration Bond Active ETF Price Performance

Shares of BATS NEAR opened at $50.63 on Friday. iShares Short Duration Bond Active ETF has a 12 month low of $50.48 and a 12 month high of $51.37. The stock has a 50-day moving average price of $50.73 and a two-hundred day moving average price of $50.96.

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.