Apollon Financial LLC Makes New $6.46 Million Investment in iShares Short Duration Bond Active ETF $NEAR

Apollon Financial LLC bought a new stake in iShares Short Duration Bond Active ETF (BATS:NEAR) in the 3rd quarter, HoldingsChannel reports. The firm bought 125,939 shares of the company’s stock, valued at approximately $6,458,000. iShares Short Duration Bond Active ETF makes up approximately 1.1% of Apollon Financial LLC’s holdings, making the stock its 23rd largest position.

Other institutional investors have also modified their holdings of the company. Bank of America Corp DE boosted its position in shares of iShares Short Duration Bond Active ETF by 8.8% during the 2nd quarter. Bank of America Corp DE now owns 3,503,322 shares of the company’s stock valued at $179,020,000 after acquiring an additional 284,084 shares during the last quarter. Ameriprise Financial Inc. increased its position in iShares Short Duration Bond Active ETF by 22.3% during the second quarter. Ameriprise Financial Inc. now owns 918,189 shares of the company’s stock worth $46,891,000 after purchasing an additional 167,210 shares during the last quarter. Cetera Investment Advisers raised its stake in iShares Short Duration Bond Active ETF by 30.9% during the second quarter. Cetera Investment Advisers now owns 737,364 shares of the company’s stock worth $37,679,000 after purchasing an additional 174,240 shares during the period. Royal Bank of Canada raised its stake in iShares Short Duration Bond Active ETF by 32.0% during the first quarter. Royal Bank of Canada now owns 567,649 shares of the company’s stock worth $28,876,000 after purchasing an additional 137,456 shares during the period. Finally, Americana Partners LLC boosted its holdings in iShares Short Duration Bond Active ETF by 3.5% in the 2nd quarter. Americana Partners LLC now owns 390,609 shares of the company’s stock valued at $19,960,000 after purchasing an additional 13,057 shares during the last quarter.

iShares Short Duration Bond Active ETF Price Performance

iShares Short Duration Bond Active ETF stock opened at $51.07 on Friday. The firm has a 50 day simple moving average of $51.19 and a 200-day simple moving average of $51.11. iShares Short Duration Bond Active ETF has a 1-year low of $50.25 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.