Focus Financial Network Inc. Raises Stock Position in iShares Short Duration Bond Active ETF $NEAR

Focus Financial Network Inc. grew its stake in iShares Short Duration Bond Active ETF (BATS:NEAR) by 127.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,156 shares of the company’s stock after purchasing an additional 12,396 shares during the quarter. Focus Financial Network Inc.’s holdings in iShares Short Duration Bond Active ETF were worth $1,136,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. Corient Private Wealth LLC purchased a new position in shares of iShares Short Duration Bond Active ETF during the second quarter valued at about $15,660,000. Bank of America Corp DE grew its holdings in shares of iShares Short Duration Bond Active ETF by 8.8% during the 2nd quarter. Bank of America Corp DE now owns 3,503,322 shares of the company’s stock worth $179,020,000 after acquiring an additional 284,084 shares during the period. Ameriprise Financial Inc. raised its position in shares of iShares Short Duration Bond Active ETF by 40.6% in the 1st quarter. Ameriprise Financial Inc. now owns 750,979 shares of the company’s stock worth $38,137,000 after acquiring an additional 216,744 shares in the last quarter. NewEdge Advisors LLC lifted its stake in shares of iShares Short Duration Bond Active ETF by 112.7% in the 1st quarter. NewEdge Advisors LLC now owns 341,718 shares of the company’s stock valued at $17,383,000 after purchasing an additional 181,053 shares during the period. Finally, Cetera Investment Advisers boosted its position in shares of iShares Short Duration Bond Active ETF by 30.9% during the second quarter. Cetera Investment Advisers now owns 737,364 shares of the company’s stock valued at $37,679,000 after purchasing an additional 174,240 shares in the last quarter.

iShares Short Duration Bond Active ETF Stock Up 1.2%

Shares of NEAR stock opened at $51.02 on Monday. The business’s fifty day moving average is $51.21 and its 200 day moving average is $51.10. iShares Short Duration Bond Active ETF has a twelve month low of $50.25 and a twelve month high of $51.40.

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.