Truist Financial Corp Acquires 18,899 Shares of iShares Short Duration Bond Active ETF $NEAR

Truist Financial Corp lifted its holdings in shares of iShares Short Duration Bond Active ETF (BATS:NEAR) by 26.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 89,770 shares of the company’s stock after purchasing an additional 18,899 shares during the period. Truist Financial Corp’s holdings in iShares Short Duration Bond Active ETF were worth $4,587,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in iShares Short Duration Bond Active ETF by 0.6% in the third quarter. Bank of America Corp DE now owns 3,523,153 shares of the company’s stock worth $180,667,000 after purchasing an additional 19,831 shares in the last quarter. UBS Group AG raised its holdings in iShares Short Duration Bond Active ETF by 19.6% in the fourth quarter. UBS Group AG now owns 1,613,264 shares of the company’s stock worth $82,438,000 after purchasing an additional 264,887 shares in the last quarter. Raymond James Financial Inc. raised its holdings in iShares Short Duration Bond Active ETF by 9.0% in the third quarter. Raymond James Financial Inc. now owns 1,064,764 shares of the company’s stock worth $54,601,000 after purchasing an additional 87,689 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in iShares Short Duration Bond Active ETF by 2.8% in the third quarter. Ameriprise Financial Inc. now owns 944,079 shares of the company’s stock worth $48,412,000 after purchasing an additional 25,890 shares in the last quarter. Finally, Alexander Randolph Advisory Inc. raised its holdings in iShares Short Duration Bond Active ETF by 19.5% in the third quarter. Alexander Randolph Advisory Inc. now owns 436,146 shares of the company’s stock worth $22,366,000 after purchasing an additional 71,275 shares in the last quarter.

iShares Short Duration Bond Active ETF Price Performance

BATS:NEAR opened at $50.75 on Monday. iShares Short Duration Bond Active ETF has a one year low of $50.58 and a one year high of $51.37. The company’s 50-day simple moving average is $50.86 and its 200 day simple moving average is $51.07.

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.