Naples Global Advisors LLC Reduces Stock Position in iShares Short Duration Bond Active ETF $NEAR

Naples Global Advisors LLC reduced its holdings in iShares Short Duration Bond Active ETF (BATS:NEAR) by 37.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,327 shares of the company’s stock after selling 10,451 shares during the period. Naples Global Advisors LLC’s holdings in iShares Short Duration Bond Active ETF were worth $885,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Kelleher Financial Advisors purchased a new position in shares of iShares Short Duration Bond Active ETF in the 3rd quarter worth $26,000. Tower Research Capital LLC TRC bought a new position in iShares Short Duration Bond Active ETF during the second quarter valued at $76,000. Maseco LLP bought a new position in iShares Short Duration Bond Active ETF during the fourth quarter valued at $88,000. Geneos Wealth Management Inc. increased its position in iShares Short Duration Bond Active ETF by 11.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 2,293 shares of the company’s stock valued at $117,000 after acquiring an additional 231 shares during the last quarter. Finally, Capital Investment Advisory Services LLC increased its position in iShares Short Duration Bond Active ETF by 7.4% during the third quarter. Capital Investment Advisory Services LLC now owns 3,178 shares of the company’s stock valued at $163,000 after acquiring an additional 220 shares during the last quarter.

iShares Short Duration Bond Active ETF Trading Down 0.1%

NEAR stock opened at $50.70 on Tuesday. iShares Short Duration Bond Active ETF has a twelve month low of $50.58 and a twelve month high of $51.37. The firm’s fifty day simple moving average is $50.84 and its two-hundred day simple moving average is $51.06.

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.