Fifth Third Bancorp Buys New Shares in iShares Short Duration Bond Active ETF $NEAR

Fifth Third Bancorp purchased a new position in iShares Short Duration Bond Active ETF (BATS:NEAR) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 15,517 shares of the company’s stock, valued at approximately $789,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in NEAR. Kelleher Financial Advisors purchased a new position in shares of iShares Short Duration Bond Active ETF during the 3rd quarter worth about $26,000. Godfrey Financial Associates Inc. purchased a new position in iShares Short Duration Bond Active ETF during the fourth quarter worth approximately $35,000. MidAtlantic Capital Management Inc. acquired a new position in shares of iShares Short Duration Bond Active ETF in the 4th quarter valued at $46,000. Tower Research Capital LLC TRC purchased a new stake in shares of iShares Short Duration Bond Active ETF during the 2nd quarter valued at $76,000. Finally, Maseco LLP acquired a new stake in shares of iShares Short Duration Bond Active ETF during the 4th quarter worth $88,000.

iShares Short Duration Bond Active ETF Price Performance

Shares of NEAR opened at $50.44 on Tuesday. The stock’s fifty day simple moving average is $50.57 and its 200 day simple moving average is $50.83. iShares Short Duration Bond Active ETF has a twelve month low of $50.38 and a twelve month 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.