PFG Advisors Sells 7,903 Shares of iShares Short Duration Bond Active ETF $NEAR

PFG Advisors reduced its stake in iShares Short Duration Bond Active ETF (BATS:NEAR) by 46.5% during the 2nd quarter, Holdings Channel reports. The fund owned 9,107 shares of the company’s stock after selling 7,903 shares during the period. PFG Advisors’ holdings in iShares Short Duration Bond Active ETF were worth $465,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Bank of New York Mellon Corp grew its position in shares of iShares Short Duration Bond Active ETF by 11.2% in the first quarter. Bank of New York Mellon Corp now owns 11,084 shares of the company’s stock valued at $564,000 after purchasing an additional 1,119 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares Short Duration Bond Active ETF by 36.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 619,499 shares of the company’s stock valued at $31,514,000 after purchasing an additional 164,435 shares during the period. Sigma Planning Corp grew its holdings in iShares Short Duration Bond Active ETF by 2.8% in the 1st quarter. Sigma Planning Corp now owns 65,908 shares of the company’s stock valued at $3,353,000 after buying an additional 1,770 shares in the last quarter. Jacobson & Schmitt Advisors LLC grew its holdings in iShares Short Duration Bond Active ETF by 4.5% in the 1st quarter. Jacobson & Schmitt Advisors LLC now owns 103,614 shares of the company’s stock valued at $5,271,000 after buying an additional 4,433 shares in the last quarter. Finally, Mayflower Financial Advisors LLC increased its position in iShares Short Duration Bond Active ETF by 21.4% during the 1st quarter. Mayflower Financial Advisors LLC now owns 5,097 shares of the company’s stock worth $259,000 after buying an additional 898 shares during the period.

iShares Short Duration Bond Active ETF Stock Performance

NEAR stock opened at $51.19 on Wednesday. iShares Short Duration Bond Active ETF has a 52 week low of $50.25 and a 52 week high of $51.40. The company’s 50-day simple moving average is $51.23 and its 200 day simple moving average is $51.03.

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.