Envestnet Asset Management Inc. Has $31.51 Million Stock Position in iShares Short Duration Bond Active ETF (BATS:NEAR)

Envestnet Asset Management Inc. increased its position in shares of iShares Short Duration Bond Active ETF (BATS:NEAR) by 36.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 619,499 shares of the company’s stock after buying an additional 164,435 shares during the quarter. Envestnet Asset Management Inc. owned about 0.98% of iShares Short Duration Bond Active ETF worth $31,514,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Ifrah Financial Services Inc. raised its stake in iShares Short Duration Bond Active ETF by 3.3% during the 1st quarter. Ifrah Financial Services Inc. now owns 194,495 shares of the company’s stock worth $9,894,000 after buying an additional 6,284 shares during the period. Concurrent Investment Advisors LLC raised its stake in shares of iShares Short Duration Bond Active ETF by 18.8% in the first quarter. Concurrent Investment Advisors LLC now owns 13,774 shares of the company’s stock worth $701,000 after purchasing an additional 2,182 shares during the last quarter. DT Investment Partners LLC purchased a new stake in shares of iShares Short Duration Bond Active ETF in the first quarter worth approximately $18,230,000. Bank of New York Mellon Corp raised its stake in shares of iShares Short Duration Bond Active ETF by 11.2% in the first quarter. Bank of New York Mellon Corp now owns 11,084 shares of the company’s stock worth $564,000 after purchasing an additional 1,119 shares during the last quarter. Finally, World Investment Advisors raised its stake in shares of iShares Short Duration Bond Active ETF by 11.6% in the first quarter. World Investment Advisors now owns 14,163 shares of the company’s stock worth $720,000 after purchasing an additional 1,477 shares during the last quarter.

iShares Short Duration Bond Active ETF Price Performance

Shares of iShares Short Duration Bond Active ETF stock opened at $50.89 on Tuesday. The business has a 50 day moving average price of $50.82 and a 200-day moving average price of $50.72. iShares Short Duration Bond Active ETF has a 52 week low of $50.25 and a 52 week high of $51.40.

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.