Envestnet Asset Management Inc. Reduces Stock Position in iShares Short Duration Bond Active ETF $NEAR

Envestnet Asset Management Inc. cut its stake in iShares Short Duration Bond Active ETF (BATS:NEAR) by 6.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 566,494 shares of the company’s stock after selling 41,853 shares during the quarter. Envestnet Asset Management Inc. owned 0.87% of iShares Short Duration Bond Active ETF worth $29,050,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its holdings in iShares Short Duration Bond Active ETF by 8.8% in the second quarter. Bank of America Corp DE now owns 3,503,322 shares of the company’s stock worth $179,020,000 after purchasing an additional 284,084 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of iShares Short Duration Bond Active ETF by 22.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 918,189 shares of the company’s stock valued at $46,891,000 after buying an additional 167,210 shares during the period. Cetera Investment Advisers boosted its stake in shares of iShares Short Duration Bond Active ETF by 30.9% in the 2nd quarter. Cetera Investment Advisers now owns 737,364 shares of the company’s stock worth $37,679,000 after buying an additional 174,240 shares during the last quarter. Americana Partners LLC boosted its stake in shares of iShares Short Duration Bond Active ETF by 6.4% in the 3rd quarter. Americana Partners LLC now owns 415,586 shares of the company’s stock worth $21,311,000 after buying an additional 24,977 shares during the last quarter. Finally, Alexander Randolph Advisory Inc. grew its holdings in shares of iShares Short Duration Bond Active ETF by 23.8% in the second quarter. Alexander Randolph Advisory Inc. now owns 364,871 shares of the company’s stock worth $18,645,000 after acquiring an additional 70,118 shares during the period.

iShares Short Duration Bond Active ETF Price Performance

NEAR stock opened at $51.21 on Friday. The business’s 50-day moving average is $51.14 and its two-hundred day moving average is $51.17. iShares Short Duration Bond Active ETF has a fifty-two week low of $50.32 and a fifty-two week 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.