Forteris Wealth Management Inc. Takes Position in iShares Short Duration Bond Active ETF $NEAR

Forteris Wealth Management Inc. bought a new stake in shares of iShares Short Duration Bond Active ETF (BATS:NEAR) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 12,795 shares of the company’s stock, valued at approximately $654,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of NEAR. Peapack Gladstone Financial Corp boosted its position in shares of iShares Short Duration Bond Active ETF by 142.1% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 185,057 shares of the company’s stock valued at $9,456,000 after acquiring an additional 108,608 shares during the last quarter. Quantinno Capital Management LP bought a new position in shares of iShares Short Duration Bond Active ETF during the 2nd quarter valued at approximately $500,000. Ausdal Financial Partners Inc. purchased a new stake in iShares Short Duration Bond Active ETF during the 2nd quarter valued at $278,000. Jane Street Group LLC raised its holdings in iShares Short Duration Bond Active ETF by 205.6% during the 2nd quarter. Jane Street Group LLC now owns 45,100 shares of the company’s stock valued at $2,305,000 after buying an additional 30,340 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in 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.

iShares Short Duration Bond Active ETF Stock Performance

BATS:NEAR opened at $50.85 on Friday. The stock’s fifty day moving average is $50.96 and its 200 day moving average is $51.10. iShares Short Duration Bond Active ETF has a fifty-two week low of $50.58 and a fifty-two week high of $51.37.

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.