Shah Wealth Advisors LLC Acquires New Stake 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 second quarter, HoldingsChannel reports. The firm acquired 18,091 shares of the company’s stock, valued at approximately $917,000.

Several other institutional investors have also recently added to or reduced their stakes in NEAR. Kelleher Financial Advisors purchased a new position in iShares Short Duration Bond Active ETF in the 3rd quarter valued at about $26,000. Godfrey Financial Associates Inc. purchased a new stake in shares of iShares Short Duration Bond Active ETF during the fourth quarter worth about $35,000. MidAtlantic Capital Management Inc. purchased a new stake in shares of iShares Short Duration Bond Active ETF during the fourth quarter worth about $46,000. First Bancorp Inc ME acquired a new position in shares of iShares Short Duration Bond Active ETF in the second quarter valued at approximately $51,000. Finally, Tower Research Capital LLC TRC acquired a new position in shares of iShares Short Duration Bond Active ETF in the second quarter valued at approximately $76,000.

iShares Short Duration Bond Active ETF Price Performance

Shares of NEAR opened at $50.33 on Friday. iShares Short Duration Bond Active ETF has a 1 year low of $50.25 and a 1 year high of $51.37. The company’s 50 day simple moving average is $50.50 and its 200 day simple moving average is $50.69.

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.