Valley National Advisers Inc. Acquires 10,795 Shares of iShares Short Duration Bond Active ETF $NEAR

Valley National Advisers Inc. grew its stake in iShares Short Duration Bond Active ETF (BATS:NEAR) by 7.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 152,839 shares of the company’s stock after acquiring an additional 10,795 shares during the quarter. iShares Short Duration Bond Active ETF makes up approximately 1.3% of Valley National Advisers Inc.’s holdings, making the stock its 13th biggest holding. Valley National Advisers Inc.’s holdings in iShares Short Duration Bond Active ETF were worth $7,809,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Columbia River Financial Group LLC bought a new stake in iShares Short Duration Bond Active ETF in the first quarter valued at $25,000. Ameritas Advisory Services LLC bought a new stake in shares of iShares Short Duration Bond Active ETF in the 2nd quarter worth about $47,000. GAMMA Investing LLC bought a new stake in shares of iShares Short Duration Bond Active ETF in the 1st quarter worth about $80,000. Geneos Wealth Management Inc. increased its position in shares of iShares Short Duration Bond Active ETF by 725.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,965 shares of the company’s stock worth $151,000 after purchasing an additional 2,606 shares in the last quarter. Finally, Synovus Financial Corp bought a new position in iShares Short Duration Bond Active ETF during the 1st quarter valued at about $207,000.

iShares Short Duration Bond Active ETF Stock Performance

BATS:NEAR opened at $51.18 on Monday. iShares Short Duration Bond Active ETF has a 12 month low of $50.25 and a 12 month high of $51.40. The company’s 50-day moving average price is $51.15 and its two-hundred day moving average price is $50.92.

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.