Westside Investment Management Inc. Sells 14,450 Shares of iShares Short Duration Bond Active ETF $NEAR

Westside Investment Management Inc. reduced its stake in iShares Short Duration Bond Active ETF (BATS:NEAR) by 45.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,200 shares of the company’s stock after selling 14,450 shares during the quarter. Westside Investment Management Inc.’s holdings in iShares Short Duration Bond Active ETF were worth $879,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. World Investment Advisors lifted its position in iShares Short Duration Bond Active ETF by 11.6% in the 1st quarter. World Investment Advisors now owns 14,163 shares of the company’s stock valued at $720,000 after acquiring an additional 1,477 shares in the last quarter. Bank of New York Mellon Corp raised its stake in iShares Short Duration Bond Active ETF by 11.2% during the 1st quarter. Bank of New York Mellon Corp now owns 11,084 shares of the company’s stock valued at $564,000 after buying an additional 1,119 shares during the last quarter. Concurrent Investment Advisors LLC raised its stake in iShares Short Duration Bond Active ETF by 18.8% during the 1st quarter. Concurrent Investment Advisors LLC now owns 13,774 shares of the company’s stock valued at $701,000 after buying an additional 2,182 shares during the last quarter. Ifrah Financial Services Inc. raised its stake in iShares Short Duration Bond Active ETF by 3.3% during the 1st quarter. Ifrah Financial Services Inc. now owns 194,495 shares of the company’s stock valued at $9,894,000 after buying an additional 6,284 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in iShares Short Duration Bond Active ETF by 36.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 619,499 shares of the company’s stock valued at $31,514,000 after buying an additional 164,435 shares during the last quarter.

iShares Short Duration Bond Active ETF Trading Up 1.7%

Shares of NEAR opened at $51.28 on Monday. The firm has a fifty day simple moving average of $51.24 and a two-hundred day simple moving average of $51.01. iShares Short Duration Bond Active ETF has a 1-year low of $50.25 and a 1-year high of $51.40.

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.