iShares Short Duration Bond Active ETF $NEAR Shares Purchased by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. raised its position in iShares Short Duration Bond Active ETF (BATS:NEAR) by 171.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 37,703 shares of the company’s stock after acquiring an additional 23,791 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares Short Duration Bond Active ETF were worth $1,933,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. AE Wealth Management LLC grew its holdings in iShares Short Duration Bond Active ETF by 27.1% in the 2nd quarter. AE Wealth Management LLC now owns 1,023 shares of the company’s stock worth $52,000 after buying an additional 218 shares in the last quarter. Tower Research Capital LLC TRC bought a new stake in iShares Short Duration Bond Active ETF during the 2nd quarter valued at $76,000. Davidson Capital Management Inc. boosted its position in iShares Short Duration Bond Active ETF by 92.1% during the 2nd quarter. Davidson Capital Management Inc. now owns 1,704 shares of the company’s stock worth $87,000 after acquiring an additional 817 shares during the period. Spire Wealth Management boosted its position in iShares Short Duration Bond Active ETF by 41.5% during the 2nd quarter. Spire Wealth Management now owns 1,926 shares of the company’s stock worth $98,000 after acquiring an additional 565 shares during the period. Finally, Sound Income Strategies LLC grew 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 worth $114,000 after purchasing an additional 1,906 shares in the last quarter.

iShares Short Duration Bond Active ETF Price Performance

Shares of NEAR opened at $51.25 on Monday. iShares Short Duration Bond Active ETF has a one year low of $50.32 and a one year high of $51.37. The stock’s fifty day moving average is $51.15 and its 200-day moving average is $51.18.

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.