Beacon Capital Management Inc. Makes New Investment in iShares Short Duration Bond Active ETF $NEAR

Beacon Capital Management Inc. bought a new stake in shares of iShares Short Duration Bond Active ETF (BATS:NEAR) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund bought 42,841 shares of the company’s stock, valued at approximately $2,197,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Charter Oak Capital Management LLC grew its stake in shares of iShares Short Duration Bond Active ETF by 3.4% during the second quarter. Charter Oak Capital Management LLC now owns 6,342 shares of the company’s stock worth $324,000 after purchasing an additional 207 shares during the period. AE Wealth Management LLC boosted its holdings in iShares Short Duration Bond Active ETF by 27.1% during the second quarter. AE Wealth Management LLC now owns 1,023 shares of the company’s stock worth $52,000 after buying an additional 218 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of iShares Short Duration Bond Active ETF by 1.9% during the 2nd quarter. Janney Montgomery Scott LLC now owns 15,120 shares of the company’s stock worth $773,000 after buying an additional 282 shares during the period. Baird Financial Group Inc. increased its stake in shares of iShares Short Duration Bond Active ETF by 0.7% in the 1st quarter. Baird Financial Group Inc. now owns 46,238 shares of the company’s stock valued at $2,352,000 after acquiring an additional 303 shares during the last quarter. Finally, Intrua Financial LLC raised its position in shares of iShares Short Duration Bond Active ETF by 4.7% in the 2nd quarter. Intrua Financial LLC now owns 6,752 shares of the company’s stock valued at $345,000 after acquiring an additional 306 shares during the period.

iShares Short Duration Bond Active ETF Price Performance

iShares Short Duration Bond Active ETF stock opened at $51.07 on Friday. The company’s 50 day simple moving average is $51.19 and its 200 day simple moving average is $51.11. iShares Short Duration Bond Active ETF has a fifty-two week low of $50.25 and a fifty-two week 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.