Clark Asset Management LLC Invests $719,000 in iShares Short Duration Bond Active ETF $NEAR

Clark Asset Management LLC bought a new position in shares of iShares Short Duration Bond Active ETF (BATS:NEAR) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 14,135 shares of the company’s stock, valued at approximately $719,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Peapack Gladstone Financial Corp boosted its position in shares of iShares Short Duration Bond Active ETF by 142.1% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 185,057 shares of the company’s stock valued at $9,456,000 after purchasing an additional 108,608 shares during the period. Quantinno Capital Management LP purchased a new position in iShares Short Duration Bond Active ETF during the 2nd quarter worth approximately $500,000. Ausdal Financial Partners Inc. acquired a new position in iShares Short Duration Bond Active ETF during the second quarter worth approximately $278,000. Jane Street Group LLC increased its position in iShares Short Duration Bond Active ETF by 205.6% during the second quarter. Jane Street Group LLC now owns 45,100 shares of the company’s stock worth $2,305,000 after buying an additional 30,340 shares during the period. Finally, Ameriprise Financial Inc. increased its position in iShares Short Duration Bond Active ETF by 22.3% during the second quarter. Ameriprise Financial Inc. now owns 918,189 shares of the company’s stock worth $46,891,000 after buying an additional 167,210 shares during the period.

iShares Short Duration Bond Active ETF Stock Performance

Shares of BATS NEAR opened at $50.58 on Monday. iShares Short Duration Bond Active ETF has a twelve month low of $50.48 and a twelve month high of $51.37. The stock has a 50 day moving average of $50.71 and a two-hundred day moving average of $50.94.

About iShares Short Duration Bond Active ETF

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.