Axxcess Wealth Management LLC Has $36.58 Million Position in iShares Short Duration Bond Active ETF $NEAR

Axxcess Wealth Management LLC raised its stake in iShares Short Duration Bond Active ETF (BATS:NEAR) by 269.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 715,788 shares of the company’s stock after purchasing an additional 521,925 shares during the period. Axxcess Wealth Management LLC owned 1.09% of iShares Short Duration Bond Active ETF worth $36,577,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of NEAR. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares Short Duration Bond Active ETF by 2,461.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,833,023 shares of the company’s stock valued at $195,867,000 after acquiring an additional 3,683,358 shares during the period. Corient Private Wealth LLC bought a new stake in shares of iShares Short Duration Bond Active ETF in the second quarter valued at about $15,660,000. Bank of America Corp DE boosted its position in shares of iShares Short Duration Bond Active ETF by 8.8% in the second 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 period. UBS Group AG boosted its position in shares of iShares Short Duration Bond Active ETF by 19.6% in the fourth quarter. UBS Group AG now owns 1,613,264 shares of the company’s stock valued at $82,438,000 after acquiring an additional 264,887 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in shares of iShares Short Duration Bond Active ETF by 22.3% in the second quarter. Ameriprise Financial Inc. now owns 918,189 shares of the company’s stock valued at $46,891,000 after acquiring an additional 167,210 shares during the period.

iShares Short Duration Bond Active ETF Price Performance

Shares of iShares Short Duration Bond Active ETF stock opened at $50.67 on Friday. The firm has a 50-day moving average of $50.77 and a 200-day moving average of $51.02. iShares Short Duration Bond Active ETF has a 52-week low of $50.55 and a 52-week 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.