Valley National Advisers Inc. Has $9.20 Million Stock Position in iShares Short Duration Bond Active ETF $NEAR

Valley National Advisers Inc. raised its stake in shares of iShares Short Duration Bond Active ETF (BATS:NEAR) by 10.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 180,042 shares of the company’s stock after purchasing an additional 16,523 shares during the quarter. iShares Short Duration Bond Active ETF accounts for 1.3% of Valley National Advisers Inc.’s portfolio, making the stock its 16th largest holding. Valley National Advisers Inc. owned approximately 0.28% of iShares Short Duration Bond Active ETF worth $9,199,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Kelleher Financial Advisors acquired a new stake in iShares Short Duration Bond Active ETF during the third quarter valued at approximately $26,000. Tower Research Capital LLC TRC bought a new position in shares of iShares Short Duration Bond Active ETF in the second quarter valued at approximately $76,000. Maseco LLP bought a new position in shares of iShares Short Duration Bond Active ETF in the fourth quarter valued at approximately $88,000. Sound Income Strategies LLC raised its stake in shares of iShares Short Duration Bond Active ETF by 597.5% in the third quarter. Sound Income Strategies LLC now owns 2,225 shares of the company’s stock valued at $114,000 after acquiring an additional 1,906 shares during the last quarter. Finally, AdvisorNet Financial Inc raised its stake in shares of iShares Short Duration Bond Active ETF by 76.3% in the third quarter. AdvisorNet Financial Inc now owns 2,819 shares of the company’s stock valued at $145,000 after acquiring an additional 1,220 shares during the last quarter.

iShares Short Duration Bond Active ETF Stock Performance

BATS:NEAR opened at $50.79 on Monday. The firm has a 50 day moving average of $50.98 and a 200-day moving average of $51.11. iShares Short Duration Bond Active ETF has a 1 year low of $50.32 and a 1 year high of $51.37.

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.