Focus Financial Network Inc. Purchases Shares of 9,582 iShares Short Duration Bond Active ETF (BATS:NEAR)

Focus Financial Network Inc. purchased a new stake in iShares Short Duration Bond Active ETF (BATS:NEAR) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 9,582 shares of the company’s stock, valued at approximately $487,000.

Several other institutional investors have also recently added to or reduced their stakes in NEAR. Hurley Capital LLC acquired a new position in shares of iShares Short Duration Bond Active ETF during the fourth quarter worth approximately $33,000. MidAtlantic Capital Management Inc. acquired a new position in shares of iShares Short Duration Bond Active ETF during the fourth quarter worth approximately $45,000. GAMMA Investing LLC acquired a new position in shares of iShares Short Duration Bond Active ETF during the first quarter worth approximately $80,000. Glass Jacobson Investment Advisors llc raised its position in shares of iShares Short Duration Bond Active ETF by 79.9% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 1,738 shares of the company’s stock worth $88,000 after purchasing an additional 772 shares during the period. Finally, Bessemer Group Inc. acquired a new position in shares of iShares Short Duration Bond Active ETF during the fourth quarter worth approximately $89,000.

iShares Short Duration Bond Active ETF Stock Up 0.8%

NEAR opened at $50.80 on Friday. The firm’s fifty day moving average price is $50.75 and its two-hundred day moving average price is $50.68. iShares Short Duration Bond Active ETF has a 1 year low of $50.06 and a 1 year high of $51.40.

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.