Kovack Advisors Inc. Buys 60,475 Shares of iShares Short Duration Bond Active ETF $NEAR

Kovack Advisors Inc. boosted its stake in iShares Short Duration Bond Active ETF (BATS:NEAR) by 1,097.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 65,985 shares of the company’s stock after acquiring an additional 60,475 shares during the period. Kovack Advisors Inc.’s holdings in iShares Short Duration Bond Active ETF were worth $3,372,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in NEAR. Peapack Gladstone Financial Corp boosted its holdings in iShares Short Duration Bond Active ETF by 142.1% in the second 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 stake in iShares Short Duration Bond Active ETF in the second quarter valued at approximately $500,000. Ausdal Financial Partners Inc. bought a new stake in iShares Short Duration Bond Active ETF in the second quarter valued at approximately $278,000. Jane Street Group LLC boosted its holdings in iShares Short Duration Bond Active ETF by 205.6% in the second quarter. Jane Street Group LLC now owns 45,100 shares of the company’s stock valued at $2,305,000 after acquiring an additional 30,340 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in iShares Short Duration Bond Active ETF by 22.3% in the second quarter. Ameriprise Financial Inc. now owns 918,189 shares of the company’s stock valued at $46,891,000 after acquiring an additional 167,210 shares during the last quarter.

iShares Short Duration Bond Active ETF Trading Up 0.2%

Shares of NEAR stock opened at $50.63 on Friday. The business’s 50 day simple moving average is $50.73 and its 200 day simple moving average is $50.96. iShares Short Duration Bond Active ETF has a one year low of $50.48 and a one year 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.